Brief: China Automotive Systems posts Q1 earnings of $0.18/share

China Automotive Systems

12/05/2016 11:00

May 12 (Reuters) - China Automotive Systems Inc  CAAS.O : 
    * China Automotive Systems reports 2016 first quarter 
results 
    * Q1 earnings per share $0.18 
    * Q1 sales $116.9 million versus $123.4 million 
    * Sees fy 2016 revenue $450 million 
    * Q1 gross margin was 18.0%, compared with 17.6% in q1 of 
2015 
    * Reiterated its revenue guidance for full year 2016 of 
us$450 million 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nPn7BnVXya 
Further company coverage:  CAAS.O  
 
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