China Zenix Auto International reported unaudited consolidated earnings results for the first quarter ended March 31, 2018. For the quarter, the company achieved sales growth of 21.8% year-over-year to RMB 816.2 million or USD 130.1 million in the first quarter of 2018. The 2018 first quarter sales increase was led by a 33.8% sales gain in the Chinese OEM commercial vehicle market and a 99.1% sales increase in its innovative aluminum wheels, which grew to 9.5% to total revenues in the first quarter of 2018 from 5.8% in the first quarter of last year. Net profit and total comprehensive income for the period increased by 102.4% to RMB 26.1 million or USD 4.2 million with earnings per ADS of RMB 0.51 or USD 0.08 compared with a net profit and total comprehensive income of RMB 12.9 million with earnings per ADS of RMB 0.25 in the first quarter of 2017 and compared to RMB 9.5 million and basic and diluted earnings per ADS in the fourth quarter of 2017 of RMB 0.18. Net cash flow from operating activities was RMB 39.3 million or USD 6.3 million with no capital expenditures for the purchase of property, flats and equipment in the first quarter of 2018. Profit before taxation was RMB 33,383,000 against RMB 18,463,000 a year ago. Basic and diluted earnings per share were RMB 0.13 against RMB 0.06 a year ago. The increase in revenue on a year-over-year basis was mainly due to strong sales to the domestic truck OEM markets, which was driven by the Chinese government's enforcement of the anti-truck overloading policy. The increase in total revenue was also attributable to the upward price adjustments in the response to rising raw material costs.