China Automotive Systems Reports Mixed Q1 Earnings; Cuts FY22 Guidance
China Automotive Systems Inc (NASDAQ: CAAS ) reported first-quarter FY22 sales growth of 4.7% year-on-year to $136.4 million, beating the analyst consensus of $126.27 million. The gross profit margin contracted by 430 basis points Y|Y to 10.8%, and the … Full story available on Benzinga.com
China Automotive Systems Reports Mixed Q1 Earnings; Cuts FY22 Guidance
China Automotive Systems Inc (NASDAQ: CAAS ) reported first-quarter FY22 sales growth of 4.7% year-on-year to $136.4 million, beating the analyst consensus of $126.27 million. The gross profit margin contracted by 430 basis points Y|Y to 10.8%, and the … Full story available on Benzinga.com