International CSRC Investment Holdings Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 05:36 am EDT
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International CSRC Investment Holdings Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 5,882.664 million compared to TWD 2,816.982 million a year ago. Operating income was TWD 412.212 million compared to operating loss of TWD 133.561 million a year ago. Net income was TWD 294.692 million compared to net loss of TWD 227.300 million a year ago. Basic earnings per share was TWD 0.3 compared to basic loss per share of TWD 0.23 a year ago. For the half year, sales was TWD 11,246.183 million compared to TWD 7,282.675 million a year ago. Operating income was TWD 1,026.302 million compared to operating loss of TWD 73.032 million a year ago. Net income was TWD 723.274 million compared to net loss of TWD 267.360 million a year ago. Basic earnings per share was TWD 0.75 compared to basic loss per share of TWD 0.27 a year ago.
International CSRC Investment Holdings Co., Ltd., formerly CHINA SYNTHETIC RUBBER CORPORATION, is principally engaged in the manufacture and distribution of carbon black. The Company's carbon black is mainly applied in the manufacture of rubber products, such as tires, conveyor belts and other products. The Company is also engaged in the manufacture and trading of pharmaceuticals, the provision of biotechnological services, as well as the production and assembling of battery cells and battery packs. The Company distributes its products within domestic market and to overseas markets.