Hotai Motor Co.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 24, 2021 at 05:32 pm EDT
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Hotai Motor Co.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 231,813.269 million compared to TWD 213,879.953 million a year ago. Net income was TWD 13,848.870 million compared to TWD 11,768.815 million a year ago. Basic earnings per share from continuing operations was TWD 25.36 compared to TWD 21.55 a year ago. Diluted earnings per share from continuing operations was TWD 25.34 compared to TWD 21.54 a year ago.
Hotai Motor Co Ltd is a Taiwan-based company principally engaged in the distribution of motor vehicles and relevant parts. The Company primarily provides passenger cars and business vehicles, with brands named LEXUS, TOYOTA and others, as well as large-sized vehicles, including trucks and passenger cars, with brands named HINO. In addition, it is involved in the provision of air conditioners for vehicles, vehicle leasing services and installment payment services, as well as parts and components for vehicles. The Company is also engaged in insurance business. The Company operates its businesses primarily in domestic market.