SORL Auto Parts Inc. Q4 Earnings Rise 37%

(RTTNews) - SORL Auto Parts Inc. (SORL) revealed a profit for its fourth quarter that climbed from last year.

The company said its bottom line came in at $5.9 million, or $0.31 per share. This was up from $4.3 million, or $0.20 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 10.0% to $56.9 million. This was down from $63.2 million last year.

SORL Auto Parts Inc. earnings at a glance:

-Earnings (Q4): $5.9 Mln. vs. $4.3 Mln. last year. -Earnings Growth (Y-o-Y): 37.2% -EPS (Q4): $0.31 vs. $0.20 last year. -EPS Growth (Y-o-Y): 55.0% -Revenue (Q4): $56.9 Mln vs. $63.2 Mln last year. -Revenue Change (Y-o-Y): -10.0%