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China Auto Logistics Reports Profitable Third Quarter on Advances in ...

2015-11-16 19:51:14| Auto Dealers - Topix.net

Reversal of Reserve Due from Car King Tianjin and Recognition of Previously Due Rental Income also were Factors in Improved Results; Investor Conference Call Scheduled for Tuesday, November 17th at 8:00am EST ), a top seller in China of luxury imported automobiles and a leading provider of auto-related services, today reported that an approximately 64% year over year increase in 2015 third quarter luxury auto sales contributed to profit growth in the quarter of approximately 170% over the reported third quarter loss last year.

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Category:Automotive

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