Lentuo International Q4 Loss Narrows - Quick Facts

(RTTNews) - Lentuo International Inc. (LAS) said that its net loss attributable to controlling interest for the fourth quarter of 2013 narrowed to RMB7.1 million or $1.2 million, from RMB24.3 million for the same period in 2012.

Loss per ordinary share was RMB0.11 or $0.02 compared to loss per ordinary share of RMB0.41 in the year ago quarter. This translated into loss per ADS of RMB0.22 or $0.04 in the fourth quarter of 2013. Each ADS represents two ordinary shares.

Revenues for the quarter decreased by 2.1% to RMB858.8 million or $141.9 million from RMB877.1 million in the fourth quarter of 2012.