International CSRC Investment Holdings Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 02:50 am EST
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International CSRC Investment Holdings Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 6,693.34 million compared to TWD 5,420.04 million a year ago. Net income was TWD 550.32 million compared to TWD 646.24 million a year ago. Basic earnings per share from continuing operations was TWD 0.57 compared to TWD 0.67 a year ago. Diluted earnings per share from continuing operations was TWD 0.57 compared to TWD 0.67 a year ago.
For the nine months, sales was TWD 17,749.94 million compared to TWD 16,666.22 million a year ago. Net income was TWD 758.5 million compared to TWD 1,369.51 million a year ago. Basic earnings per share from continuing operations was TWD 0.78 compared to TWD 1.41 a year ago. Diluted earnings per share from continuing operations was TWD 0.78 compared to TWD 1.41 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.