SORL Auto Parts, Inc.
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ZHEJIANG, China, March 27 /Xinhua-PRNewswire/ — SORL Auto Parts, Inc. (OTC Bulletin Board: SAUP - News), a leading manufacturer and distributor of commercial vehicle air brake valves in China, today announced its financial results for the fourth quarter and fiscal year 2005.
Fiscal Year 2005 Financial Highlights
– Fiscal year 2005 revenue increased to US$64.2 million, reflecting 37.1%
year-over-year growth.
– Fiscal year 2005 net income increased to US$4.9 million, reflecting
3.0% year-over-year growth.
– Fiscal year 2005 diluted earnings per share was US$0.37 in line with
US$0.37 in 2004.
Comment - Another company with great numbers.
