- Revenues in the third quarter of 2010 increased 56.0% year-over-year to RMB945.9 million ($141.4 million).
- The number of vehicles sold in the third quarter of 2010 increased 29.5% year-over-year to 4,871 units.
- The average unit price for the third quarter 2010 increased 23% year-over-year to RMB176,000.
- Net income was RMB45.0 million ($6.7 million), an increase of 2.5% from RMB43.9 million in the comparable period of 2009. Diluted earnings per American depositary share (“ADS”) were RMB1.06 ($0.16). Each ADS represents two ordinary shares of the Company.
Lentuo International Inc. (NYSE: LAS) (“Lentuo” or the “Company”), the largest non-state-owned automobile retailer in Beijing, China as measured by new vehicle sales revenues in 2009, today announced its unaudited financial results for the third quarter of 2010. Third Quarter 2010 Financial Highlights