China Automotive Systems Inc (CAAS) announced earnings for third quarter that decreased from the same period last year
The company's earnings came in at $5.50 million, or $0.18 per share. This compares with $9.49 million, or $0.31 per share, in last year's third quarter.
The company's revenue for the quarter rose 19.4% to $164.22 million from $137.54 million last year.
China Automotive Systems Inc earnings at a glance (GAAP) :
-Earnings (Q3): $5.50 Mln. vs. $9.49 Mln. last year.
-EPS (Q3): $0.18 vs. $0.31 last year.
-Revenue (Q3): $164.22 Mln vs. $137.54 Mln last year.
-Guidance:
Full year revenue guidance: $630 Mln
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