JINGZHOU, China (AP) _ China Automotive Systems Inc. (CAAS) on Friday reported a third-quarter loss of $317,000, after reporting a profit in the same period a year earlier.
On a per-share basis, the Jingzhou, China-based company said it had a loss of 1 cent.
The auto parts supplier posted revenue of $108.2 million in the period.
China Automotive Systems expects full-year revenue of $495 million.
The company’s shares closed at $4.21. A year ago, they were trading at $2.88.
