Sorl Auto Parts has unveiled second quarter net income of US$4.1m, with sales rising year-over-year 14.3% to US$65.7m.
“We are pleased to report an outstanding quarter with the highest sales for any second quarter in our history,” said Sorl CEO and chairman, Xiaoping Zhang.
“We believe customers in all three of our business segments – OEM, aftermarket and international – recognised the superior value of our products through higher purchases.”
Annual guidance was reiterated for sales of US$225m and net income of US$12.5m
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Auto Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Auto Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now