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China Automotive Systems: Q1 Earnings Snapshot

Associated Press Finance
·1 min read

JINGZHOU, China (AP) — JINGZHOU, China (AP) — China Automotive Systems Inc. (CAAS) on Tuesday reported first-quarter net income of $8.3 million.

The Jingzhou, China-based company said it had net income of 27 cents per share.

The auto parts supplier posted revenue of $139.4 million in the period.

The company's shares closed at $3.43. A year ago, they were trading at $4.70.

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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