China Zenix Auto (ZX) Reports Q2 Loss $0.02/ADS, Revs Up 22%

China Zenix Auto (NYSE: ZX) reported Q2 loss of RMB0.15 ($0.02) per ADS, versus net income of RMB0.09 per share reported last year. Revenue for the quarter came in at $115.2 million, up 22.1% year-over-year.

• Revenue was RMB781.0 million (US$115.2 million), up 22.1% year-over-year;
• Sales to the Chinese OEM market increased 76.8% year-over-year;
• Sales of aluminum wheels increased by 160.7% year-over-year;
• Gross margin was 11.0%;
• Net cash flow from operating activities was RMB57.5 million (US$8.5 million).

For earnings history and earnings-related data on China Zenix Auto (ZX) click here.

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