China Automotive reports Q2 EPS 25c vs. 24c last year

Reports Q2 revenue $176.25M vs. $158.61M last year. Qizhou Wu, CEO of China Automotive (CAAS), commented, “We continued to grow our sales, gross profit, net profit and cashflow in the second quarter of 2025. Sales of our traditional steering products remained steady while sales of our Electric Power Steering products grew by 31.1% year over year in the second quarter of 2025. EPS sales have continuously increased and now represent 41.4% percent of our product sales in the second quarter of 2025.”