China Automotive Systems: Q3 Earnings Snapshot
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JINGZHOU, China (AP) — JINGZHOU, China (AP) — China Automotive Systems Inc. (CAAS) on Friday reported third-quarter earnings of $9.5 million.
The Jingzhou, China-based company said it had net income of 31 cents per share.
The auto parts supplier posted revenue of $137.5 million in the period.
China Automotive Systems expects full-year revenue of $560 million.
The company's shares closed at $3.43. A year ago, they were trading at $4.02.
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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
