SORL Auto Parts Down Despite Better-Than-Expected Revenue

SORL Auto Parts (NASDAQ: SORL ) is down on Monday despite topping estimates on the revenue front. The Ruian City, China-based firm posted a fourth quarter revenue of $48.8 million, down 13 percent year-over-year. However, it surpassed analysts' expectations of $48.09 million. Full-year revenue finished down around 11.5