China Automotive Systems (CAAS) Tops Q2 EPS by 3c, Offers Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/25/2026
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Oil drops more than $2 despite new US sanctions on Iran
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- Wattmore and Eos Energy strike non-exclusive storage software deal
- Grand Canyon Education places CFO on leave amid stock trade probe
- S&P 500, Nasdaq end down on tech stocks, investors weigh Iran moves
- Funds sell $44bn in semiconductors on AI concerns
- RUM Group signs $13.7 billion GPU services deal, issues warrants
China Automotive Systems Reports 2015 Second Quarter Financial Results
August 13, 2015 5:00 AM EDTWUHAN, China, Aug. 13, 2015 /PRNewswire/Â -- China Automotive Systems, Inc. ("CAAS" or the "Company") (NASDAQ: CAAS), a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2015.
Second Quarter 2015 Highlights
Net sales were $109.2 million, compared to $115.5 million in the second quarter of 2014; Gross margin was 20.0%, compared to 18.7% in the second quarter of 2014; Operating margin was 7.6%, compared to 14.3% in the second quarter of 2014. Excluding a... More