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China XD: 2Q Earnings Snapshot

DALIAN, China (AP) _ China XD Plastics Co. (CXDC) on Thursday reported second-quarter earnings of $27.2 million.

The Dalian, China-based company said it had net income of 41 cents per share.

The maker of plastics used in automobiles posted revenue of $317.3 million in the period.

China XD expects full-year revenue in the range of $1.2 billion to $1.4 billion.

The company's shares closed at $3.55. A year ago, they were trading at $4.60.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CXDC at https://www.zacks.com/ap/CXDC