Zhu said selling and distribution expenses fell 20% sequentially, primarily due to lower shipping costs tied to reduced shipment volumes, while general and administrative expenses decreased 8% due to cost-control measures. Net interest expense rose to $39 million , up $10 million from the prior quarter, driven by a modest rise in total debt. Net foreign exchange loss was $15 million , which Zhu attributed to a weaker U.S. dollar and a stronger Chinese renminbi.CFO Xinbo Zhu said fourth-quarter revenue was $ ...