Sorl Auto Parts (SORL) Tops Q4 EPS by 11c
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SORL Auto Parts Reports the Fourth Quarter and Fiscal Year 2015 Results
March 31, 2016 6:42 AM EDTZHEJIANG, China, March 31, 2016 /PRNewswire/ -- Â SORL Auto Parts, Inc. (NASDAQ: SORL)Â ("SORL" or the "Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today its financial results for the fourth quarter of 2015 and the year ended December 31, 2015.
Fourth Quarter 2015 Financial Highlights
Net sales for the 2015 fourth quarter was $56.9 million; Gross profit margin was 27.2%; Net Income attributable to stockholders was $5.9 million, or $0.31 per diluted share, compared with $4.3 million, or $0.20 per diluted... More