Key Developments: Sorl Auto Parts Inc (SORL.W)
2.58USD
21 May 2013
$-0.05 (-1.90%)
$2.63
$2.58
$2.58
$2.58
100
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$3.99
$1.75
Latest Key Developments (Source: Significant Developments)
Sorl Auto Parts Inc Reaffirms FY 2013 Guidance
Sorl Auto Parts Inc announced that for fiscal 2013, management expects the net sales to be approximately $207 million and net income to be approximately $13.7 million. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $207 million and net income of $13.7 million for fiscal 2013. Full Article
Sorl Auto Parts Inc Issues FY 2013 Guidance In Line With Analysts' Estimates
Sorl Auto Parts Inc announced that for fiscal 2013, it expects net sales to be approximately $207 million and net income to be approximately $13.7 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $203 million and net income of $13.4 million for fiscal 2013. Full Article
Sorl Auto Parts Inc Reaffirms FY 2012 Revenue Guidance; Raises FY 2012 Net Income Guidance
Sorl Auto Parts Inc announced that for fiscal year 2012, it is reiterating its expectation for net sales to be approximately $191.4 million and revises its net income expectation to be approximately $12.7 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $191.4 million and net income of $11.5 million for fiscal 2012. Full Article
Sorl Auto Parts Inc Lowers FY 2012 Revenue Guidance; Raises FY 2012 Earnings Guidance
Sorl Auto Parts Inc revised fiscal 2012 guidance and expects net sales to be approximately $191.4 million and net income to be approximately $11.5 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $196 million and net income of $11.02 million for fiscal 2012. Full Article
Sorl Auto Parts Inc Wins Electric Air Compressor Contract From Shen Zhen Wuzhoulong
Sorl Auto Parts Inc announced the Company received a 400-unit order for its new electric air compressor from Shen Zhen Wuzhoulong Motors Group. In addition to Wuzhoulong, the Company has also received indication of purchasing interest for the same products from other large bus manufacturers in China. Full Article
Sorl Auto Parts Inc Secures Patent For New Electric Air Dryer
Sorl Auto Parts Inc announced that the Company obtained a patent in the People's Republic of China (PRC) for a new electric air dryer that is specifically designed for new energy electric buses and specialty commercial vehicles. Equipped with an internal electronic control unit to achieve continuing desiccant regeneration, SORL's new electric air dryer has a prolonged useful life and improves the working environment of the vehicle's air control system. Full Article
Sorl Auto Parts Inc Secures Contract From Shaanxi Auto
Sorl Auto Parts Inc announced that it has won a new contract from Shaanxi Auto Group Co., Ltd. to supply 90% of the re-card spring brake chambers for the Delong F3000 heavy-duty truck models. Full Article
Sorl Auto Parts Inc Lowers FY 2012 Guidance
Sorl Auto Parts Inc revised fiscal 2012 guidance and expects net sales to be approximately $198 million and net income to be approximately $11.1 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $210 million for fiscal 2012. Full Article
SORL Auto Parts, Inc. Issues Q2 2012 Guidance
SORL Auto Parts, Inc. announced that for the second quarter of 2012, it expects net sales to be approximately $225million and net income to be approximately $14.6million. Full Article
SORL Auto Parts, Inc. Issues FY 2011 Guidance In Line With Analysts' Estimates
SORL Auto Parts, Inc. announced that for fiscal 2011, it expects approximately $215 million of sales revenue and $17.6 million of net income attributable to common stockholders. According to I/B/E/S Estimates, analysts are expecting the Company to report net profit of $17.69 million on revenues of $215.95 million for fiscal 2011. Full Article
Earnings vs. 
Estimates
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