STLA - What's Going On With China Automotive Stock After Posting Lower Product Sales To Stellantis In Q1? | Benzinga
China Automotive Systems, Inc. (NASDAQ:CAAS) reported first-quarter earnings per share of 27 cents, up from 23 cents year over year.
Net sales were $139.4 million, down 2% year over year. Net sales of traditional steering products and parts were $92 million, down from $94.4 million year over year, while those from electric power steering products and parts were $47.4 million, almost flat.
Gross profit ...