China Automotive Systems: Q2 Earnings Snapshot

JINGZHOU, China (AP) _ China Automotive Systems Inc. (CAAS) on Friday reported second-quarter earnings of $9.4 million.

On a per-share basis, the Jingzhou, China-based company said it had profit of 31 cents.

The auto parts supplier posted revenue of $127.2 million in the period.

The company’s shares closed at $2.99. A year ago, they were trading at $4.08.