 WUHAN, China, Aug. 12, 2021 PRNewswire -- China Automotive Systems, Inc. NASDAQ: CAAS CAAS or the Company, a leading power steering components and systems supplier in China, today announced its unaudited financial results for the second quarter and six months ended June 30, 2021. Second Quarter 2021 Highlights Net sales rose 45.0 to 120.6 million from 83.2 million in the second quarter of 2020; Gross profit increased 102.6 to 15.8 million from 7.8 million in the second quarter of 2020; gross margin was 13.1 compared with 9.4 in the first quarter of 2020; Income from operations was 0.1 million, compare to a loss of 5.2 million in the second quarter of 2020; Net income attributable to parent companys common shareholders was 3.2 million, or diluted earnings per share of 0.10, compared to a net loss attributable to parent companys common shareholders of 4.1 million in the second quarter of 2020. 