China XD Plastics (CXDC) Reports Q1 EPS of $0.39
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China XD Plastics Announces First Quarter 2015 Financial Results
May 11, 2015 7:01 AM EDTHARBIN, China, May 11, 2015 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) ("China XD Plastics" or the "Company"), one of China's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, today announced its financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights   Â
Revenue was $221.9 million, a decrease of 0.8% YoY and 27.7% sequentially Gross profit was $48.6 million, an increase of 4.3% YoY and decrease of 16.3% sequentially Gross margin of 21.9% increased 105 basis points YoY and 299 basis points... More