Cheng Shin Rubber Ind. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 03:32 am EST
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Cheng Shin Rubber Ind. Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 25,332.6 million compared to TWD 26,826.8 million a year ago. Net income was TWD 1,971.62 million compared to TWD 1,510.3 million a year ago. Basic earnings per share from continuing operations was TWD 0.61 compared to TWD 0.47 a year ago. Diluted earnings per share from continuing operations was TWD 0.61 compared to TWD 0.47 a year ago.
For the nine months, sales was TWD 73,484.58 million compared to TWD 75,662.79 million a year ago. Net income was TWD 5,632.48 million compared to TWD 4,032.63 million a year ago. Basic earnings per share from continuing operations was TWD 1.74 compared to TWD 1.24 a year ago. Diluted earnings per share from continuing operations was TWD 1.74 compared to TWD 1.24 a year ago.
Cheng Shin Rubber Ind. Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of tires. The main products include radial automobile cover tires, radial truck cover tires, motorcycle cover tires, bike cover tires, inner tubes and other tires. The Company is also involved in the manufacture and sale of rubber and tire-related industrial products. The Company operates within the domestic market and to overseas markets, including the Americas, Europe, the Middle East, Africa, Asia, Australia and others.
CHENG SHIN RUBBER IND. CO., LTD. 
