SORL Auto Parts Q2 net income up 13.8% y/y to USD6.7 million
Company reaffirms full-year 2018 net sales and net profit outlook
SORL Auto Parts has reported 13.8% year-over-year (y/y) increase in net income to USD6.7 million, the company said in a press release on 14 August. Sales for the quarter increased 40.1% y/y to USD128.5 million which helped the company record operating income of USD9.8 million, up 11.9% y/y.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
