International CSRC Investment Holdings Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 04:55 pm EST
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International CSRC Investment Holdings 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 4,713.9 million compared to TWD 6,693.34 million a year ago. Net income was TWD 8.81 million compared to TWD 550.32 million a year ago. Basic earnings per share from continuing operations was TWD 0.01 compared to TWD 0.57 a year ago. Diluted earnings per share from continuing operations was TWD 0.01 compared to TWD 0.57 a year ago.
For the nine months, sales was TWD 13,427.74 million compared to TWD 17,749.94 million a year ago. Net loss was TWD 332.09 million compared to net income of TWD 758.5 million a year ago. Basic loss per share from continuing operations was TWD 0.34 compared to basic earnings per share from continuing operations of TWD 0.78 a year ago. Diluted loss per share from continuing operations was TWD 0.34 compared to diluted earnings per share from continuing operations of TWD 0.78 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.
INTERNATIONAL CSRC INVESTMENT HOLDINGS CO., LTD. 
