DALIAN, China (AP) _ China XD Plastics Co. (CXDC) on Wednesday reported first-quarter earnings of $9.9 million.
On a per-share basis, the Dalian, China-based company said it had net income of 15 cents.
The maker of plastics used in automobiles posted revenue of $237.8 million in the period.
China XD expects full-year revenue in the range of $1.2 billion to $1.3 billion.
The company's shares closed at $4.95. A year ago, they were trading at $3.56.
Keywords: China XD Plastics, Earnings Report