SORL Auto Parts Reports 26.5% Net Sales Increase in the First Quarter of 2019
SORL AUTO PARTS (SORL)
Last sorl auto parts earnings: 11/14 04:25 pm
Check Earnings Report
US:NASDAQ Investor Relations:
sorl.cn/?p=83
Company Research
Source: GlobeNewswire
ZHEJIANG, China, May 15, 2019 (GLOBE NEWSWIRE) -- SORL Auto Parts, Inc. (NASDAQ: SORL) (“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 first quarter ended March 31, 2019. First Quarter 2018 Financial Highlights Net sales for the 2019 first quarter were $136.2 million, up 26.5% from $107.7 million in the first quarter of 2018;Revenues from the domestic OEM segment grew 44.6% year-over-year to $74.9 million;Revenues from international markets increased to $18.0 million;Gross margin was 26.8% compared with 28.0% in the first quarter of 2018;Net income attributable to stockholders increased to $9.0 million, or $0.46 per basic and diluted share, compared with $8.3 million, or $0.43 per basic and diluted share in the first quarter of 2018. Mr. Xiaoping Zhang, SORL's Chief Executive Officer and Chairman, stated, “We are taking a ‘winner-tak
Show less
Read more
Impact Snapshot
Event Time:
SORL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
SORL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
SORL alerts
High impacting SORL AUTO PARTS news events
Weekly update
A roundup of the hottest topics