China Automotive Systems’ Q3 net income drops 22% y/y to USD6.7 million

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Financial results

Company reaffirms full-year 2014 sales guidance

China Automotive Systems (CAAS) reported a 21.9% year-over-year (y/y) decline in net income to USD6.7 million in third quarter (Q3) ended 30 September 2014, the company said in a press release.

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