China XD Plastics (CXDC) Reports Q1 EPS of $0.15; Reiterates Outlook

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Specialty Chemical Company China XD Plastics Announces First Quarter 2017 Financial Results

May 10, 2017 8:00 AM EDT

Revenue of $237.8 million, up 10.6% YoY

Net Income of $9.9 million, down 13.2% YoY

Reiterating Fiscal 2017 Guidance of $1.2 - $1.3 Billion in Revenue, $85.0 - $100.0 Million in Net Income

HARBIN, China, May 10, 2017 /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, 2017.

First Quarter 2017... More