China Automotive Systems’ 2016 net income down 17.5% y/y to USD22.5 million
Sales increase 4% y/y
China Automotive Systems (CAS) has reported a 17.5% year-over-year (y/y) decline in net income to USD22.5 million for the fiscal year ended 31 December 2016, the Chinese steering system supplier said in a press release.
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