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Re: zeitgeist post# 467

Wednesday, 05/14/2008 7:52:58 AM

Wednesday, May 14, 2008 7:52:58 AM

Post# of 853
CAAS China Automotive reports a good 1Q08

They're the company that got financing from Yorkville AND Lehman.

http://www.sec.gov/Archives/edgar/data/1157762/000114420408028350/v114135_ex99-1.htm

2008 First Quarter Highlights:

·
Net sales increased to US$41.5 million, reflecting 46.1% year-over-year growth;

·
Net sales from steering components for passenger and light-duty vehicles increased to US$30.2 million, reflecting a 44% year-over-year growth;

·
Net sales from steering components for commercial vehicles increased to US$11.3million, reflecting a 51.9% increase year-over-year;

·
Operating income rose to US$6.8 million, reflecting 30.8% year-over-year growth;

·
Net income was US$4.4 million, reflecting 169.6% year-over-year growth; and

·
Diluted earnings per share were US$0.18, reflecting 157.1% year-over-year growth.

Yorkville / Cornell Tracking Board #board-9964


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