International Csrc Investment Holdings Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 11, 2020 at 06:12 pm EDT
Share
International CSRC Investment Holdings Co., Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 2,816.982 million compared to TWD 6,211.795 million a year ago. Operating loss was TWD 135.394 million compared to operating Income of TWD 547.498 million a year ago. Net loss was TWD 227.300 million compared to net income of TWD 268.292 million a year ago. Basic loss per share was TWD 0.23 compared to basic earnings per share of TWD 0.27 a year ago. For the half year, sales was TWD 7,282.675 million compared to TWD 12,280.688 million a year ago. Operating loss was TWD 76.818 million compared to operating Income of TWD 1,642.224 million a year ago. Net loss was TWD 267.360 million compared to net income of TWD 1,022.908 million a year ago. Basic loss per share was TWD 0.27 compared to basic earnings per share of TWD 1.05 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. 
