China Automotive Systems, Inc. (CAAS) CEO Qizhou Wu on Q3 2019 Results - Earnings Call Transcript

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153.96K Followers

Q3: 2019-11-12 Earnings Summary

EPS of $0.13 beats by $0.12
 | Revenue of $100.54M (-10.30% Y/Y) misses by $3.87M

China Automotive Systems, Inc. (NASDAQ:CAAS) Q3 2019 Earnings Conference Call November 12, 2019 8:00 AM ET

Company Participants

Kevin Theiss - Manager of Investor Relations
Qizhou Wu - Chief Executive Officer
Jie Li - Chief Financial Officer

Conference Call Participants

William Gregozeski - Greenridge Global
Robert Pavlovich - Private Investor

Operator

Greetings, and welcome to the China Automotive Systems Third Quarter 2019 Earnings Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host Kevin Theiss. Thank you. Kevin, you may begin.

Kevin Theiss

Thank you, everyone for joining us today. Welcome to China Automotive Systems 2019 third quarter conference call. Joining us today are Mr. Qizhou Wu, Chief Executive Officer and Mr. Jie Li, Chief Financial Officer of China Automotive Systems. They will be available to answer questions later on the conference call with the assistance of translation.

Before we begin, I remind all listeners that throughout this call, we will make statements that may contain forward-looking statements. Forward-looking statements represent the company's estimates and assumptions only as of the date of this call. As a result, the company's actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading Risk Factors in the company's Form 10-K annual report for the year ended December 31, 2018, as filed with the Securities and Exchange Commission on March 28, 2019, and in other documents filed by the company from time to time with the Securities and Exchange Commission. The company expressly disclaims any duty to provide updates to any forward-looking statements made in this call or whether as a result of new information, future events or otherwise.

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