SPY424.48-0.78 -0.18%
DIA343.41-0.89 -0.26%
IXIC14,072.86-101.29 -0.71%

BRIEF-China Automotive Systems Reports 77% Net Sales Increase In Q1

05/12/2021 06:21
BRIEF-China Automotive Systems Reports 77% Net Sales Increase In Q1

- China Automotive Systems Inc CAAS.O:

  • CHINA AUTOMOTIVE SYSTEMS REPORTS 77.0% NET SALES INCREASE AND RETURN TO PROFITABILITY IN THE FIRST QUARTER OF 2021

  • Q1 EARNINGS PER SHARE $0.10

  • Q1 SALES ROSE 77 PERCENT TO $130.3 MILLION

  • RAISES REVENUE GUIDANCE FOR FULL YEAR 2021 TO $485 MILLION FROM $470 MILLION

Source text for Eikon: ID:nPn8Hk5Msa

Further company coverage: CAAS.O


(([email protected];))