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China Automotive Systems Reports Almost 200% Increase in Net Income in the Second Quarter of 2022

  • Written by PR Newswire

WUHAN, China, Aug. 12, 2022 /PRNewswire/ -- China Automotive Systems, Inc. (NASDAQ: CAAS) ("CAAS" or the "Company"), 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, 2022.

Second Quarter 2022 Highlights

  • Net sales rose 5.5%...

Read more: China Automotive Systems Reports Almost 200% Increase in Net Income in the Second Quarter of 2022

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