China XD Plastics (CXDC) Reports Q4 EPS of $0.41
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China XD Plastics Announces Fourth Quarter and Fiscal Year 2015 Financial Results
March 15, 2016 8:02 AM EDTHARBIN, China, March 15, 2016 /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 fourth quarter and fiscal year ended December 31, 2015.
Fourth Quarter 2015 Financial Highlights
Revenue was $272.8 million, a decrease of 11.2% YoY and an increase of 14.1% sequentially Gross profit was $52.0 million, a decrease of 10.5% YoY and an increase of 77.5% sequentially Gross margin of 19.1%, an increase of 20... More