JINGZHOU, China (AP) — JINGZHOU, China (AP) — China Automotive Systems Inc. (CAAS) on Wednesday reported first-quarter net income of $7.1 million.
The Jingzhou, China-based company said it had profit of 24 cents per share.
The auto parts supplier posted revenue of $167.1 million in the period.
The company’s shares closed at $4.12. A year ago, they were trading at $3.43.
