China Automotive Systems: 3Q Earnings Snapshot
China Automotive Systems: 3Q Earnings Snapshot
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JINGZHOU, China (AP) _ China Automotive Systems Inc. (CAAS) on Friday reported third-quarter profit of $377,000.
The Jingzhou, China-based company said it had profit of 1 cent per share.
The auto parts supplier posted revenue of $112.1 million in the period.
China Automotive Systems expects full-year revenue in the range of $510 million to $520 million.
The company's shares closed at $2.41. A year ago, they were trading at $5.11.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAAS at https://www.zacks.com/ap/CAAS
