China Automotive Systems’ Q1 net income down 66% y/y to USD1.5 million
Company forecasts full-year 2019 revenue to reach USD510 million
China Automotive Systems (CAS) has reported a 65.9% (year on year) y/y decline in net income to USD1.5 billion for the first quarter ended 31 March 2019, the China-based power steering components and systems supplier said on 9 May
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