On 27 February, NavInfo announced its unaudited preliminary FY17 results after market close. In summary, the company recorded a 35.9% YoY increase in gross revenue to RMB2.2bn and a 69.5% YoY jump in net profit to RMB265.4m. The earnings are near the higher end of the company’s FY17E net profit guidance of RMB219.2-266.2m in October 2017.