JINGZHOU, China (AP) — JINGZHOU, China (AP) — China Automotive Systems Inc. (CAAS) on Wednesday reported third-quarter earnings of $9.7 million.
On a per-share basis, the Jingzhou, China-based company said it had net income of 32 cents.
The auto parts supplier posted revenue of $193.2 million in the period.
China Automotive Systems expects full-year revenue of $730 million.
The company’s shares closed at $4.17. A year ago, they were trading at $4.70.
