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Autohome 2022 Q2 Revenues Beats Consensus, Sustains Strong Recovery Momentum, Posts Excellent Profitability - Vimarsana News

Autohome 2022 Q2 Revenues Beats Consensus, Sustains Strong Recovery Momentum, Posts Excellent Profitability

Published: August 3, 2022

HONG KONG, Aug. 3, 2022 /PRNewswire/ --Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced its unaudited financial results for the three months and six months ending on June 30, 2022. The Company maintained its growth momentum that has led to a strong recovery in the second quarter. Net revenues amounted to RMB1,733.0 million with an increase of 17.8% quarter-on-quarter beating a Bloombergconsensus estimate of RMB1,711 million. The company has posted higher than consensus fig...

Source: singaporestar.com
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Ping AnQuan LongAutohome IncPing An GroupChief Executive OfficerContent EcosystemTool ServicingTransaction PlatformHong KongUg 3022 Prnewswire Autohome Inc Nyse Athm Hkex 2518 Quot Or The Company He Leading Online Destination For Automobile Consumers In ChinaOday Announced Its Unaudited Financial Results For The Three Months And Six Ending On June 30022 The Company Maintained Its Growth Momentum That Has Led Toa Strong Recovery In Second Quarter Net Revenues Amounted To Rmb1733 0 Million With An Increase Of 17 8 Quarter On Beatinga Bloombergconsensus Estimate Rmb1711 Million The Company Has Posted Higher Than Consensus Figures For Second Consecutive Quarter MeanwhileHe Company Has Continued To Demonstrate Outstanding Profitability Witha High Net Profit Ratio Adjusted Income Attributable Autohome Amounted Rmb472 2 Million While Was 27 Supported By Policy Stimulus And Pent Up DemandEdia Services Revenues Also Surged 98 9 Quarter On To Rmb530 6 Million While Leads Generation Increased By 3 Rmb752 8 In The SecondHe Company 39s Core Business Lines Posted Solid Performance With The New Energy Continuing To Improve Revenue Growth Accelerating And Outpacing Market Average Data Products Services By Continued Contribute Witha Year On Of More Than 40 In Used Dealers 18000 Customers With Synergies Ttp Car And Ping An Group For Used CarsUtohome Is Developinga C2b2b2c Ecosystem That Ensures Full Chain Coverage Within The Used Car Market In Second QuarterUtohome Captured Nearly 23 Of Used Car Transactions In China By Working With Ttp Utilizing Aggregation And Auction Based Services Sales Attributed To The Partnership Rose 6 Year On MeanwhileHe Partnership With The Ping An Group Is Also Developing As Planned And Expected To Lead Toa Unique Proposition That Will Ensure Autohome Customers Get Improved Service Experience Mr Quan LongHairman Of The Board Directors And Chief Executive Officer AutohomeUot Despite The Challenging Business Environment In First Half Of This Year