Brief: China Automotive Systems Reports Fourth Quarter And Fiscal 2019 Results

China Automotive Systems

14/05/2020 11:12

May 14 (Reuters) - China Automotive Systems Inc  CAAS.O :
    * CHINA AUTOMOTIVE SYSTEMS REPORTS FOURTH QUARTER AND FISCAL
2019
RESULTS
    * Q4 EARNINGS PER SHARE $0.06
    * Q4 SALES $115.9 MILLION VERSUS $124.3 MILLION
    * SEES FY 2020 REVENUE $360 MILLION
    * BY MID-MARCH, MOST OF COMPANY'S PRODUCTION OPERATIONS WERE
UP
AND RUNNING AFTER LOCKDOWN RESTRICTIONS WERE LIFTED
    * IN APRIL, CO REGAINED FULL OPERATING CAPACITY & REOPENED
ITS
WUHAN HEADQUARTERS
    * MANAGEMENT PROVIDES REVENUE GUIDANCE FOR FULL YEAR 2020 OF
$360
MILLION

Source text for Eikon:  ID:nPn9qbnHBa 
Further company coverage:  CAAS.O 

 ((Reuters.Briefs@thomsonreuters.com;))