China XD Plastics (CXDC) Reports Q3 EPS of $0.09

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China XD Plastics Announces Third Quarter 2015 Financial Results

November 9, 2015 7:58 AM EST

HARBIN, China, Nov 9, 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 third quarter ended September 30, 2015.

Third Quarter 2015 Financial Highlights    

Revenues were $239.1 million, a decrease of 24.3% YoY Gross profit was $29.3 million, a decrease of 55.2% YoY Gross profit margin was 12.3%, compared to 20.7% in the third quarter of 2014 Net income was $6.0... More