Power steering components and systems supplier China Automotive Systems has reported net income for the third quarter of 2006 of $US1.5m, or $0.07 per share, compared with $1.1m, or $0.05 per share a year ago.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Total net sales was $22.7m, compared with $14.8m, 54% year-over-year growth and an 8% quarter-over-quarter decline respectively.


Net sales from steering products for passenger and light-duty vehicles for the third quarter of 2006 increased to $13.6m, compared with $9.1m a year ago, reflecting a 49% year-over-year growth and a 14% quarter- over-quarter decline respectively.


Net sales from steering products for commercial vehicles for the third quarter of 2006 increased to $6.4m compared with $3.7m.


Gross profit for the third quarter increased to $8.2m, compared with $5.7m.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Operating income for the third quarter of 2006 was $3.4m, compared with $2.8m reported in the same period of 2005.