China Automotive Systems, Inc. (NASDAQ:CAAS) announced financial results for the second quarter and six months ended June 30, 2011. Net sales were $82.5 million, compared with $85.1 million in the second quarter of 2010; Gross profit was $14.8 million, compared to $19.8 million in the second quarter of 2010; Gross margin was 17.9%, compared with 23.3% in the same quarter in 2010.
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(CAAS, NHPR, ELTK, NAVR, LXRX) Stock Updates by CRWEWallStreet.com
August 12th, 2011 at 05:38 pm