Brief: China Automotive Systems Reports 77% Net Sales Increase In Q1
12/05/2021 11:21
May 12 (Reuters) - China Automotive Systems Inc CAAS.O :
* CHINA AUTOMOTIVE SYSTEMS REPORTS 77.0% NET SALES INCREASE
AND
RETURN TO PROFITABILITY IN THE FIRST QUARTER OF 2021
* Q1 EARNINGS PER SHARE $0.10
* Q1 SALES ROSE 77 PERCENT TO $130.3 MILLION
* RAISES REVENUE GUIDANCE FOR FULL YEAR 2021 TO $485 MILLION
FROM
$470 MILLION
Source text for Eikon: ID:nPn8Hk5Msa
Further company coverage: CAAS.O
((Reuters.Briefs@thomsonreuters.com;))
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