China Automotive Systems’ Q3 net income up 32.5% y/y to USD5.6 million

News
Financial results

Raises revenue guidance for full year 2016 to USD450 million

China Automotive Systems (CAAS) has reported a 32.5% year-over-year (y/y) growth in net income to USD5.6 million for the third quarter ended 30 September 2016, the Chinese steering system supplier said in a press release.

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