International Csrc Investment Holdings Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 05:25 pm EST
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International CSRC Investment Holdings Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 4,904.454 million compared to TWD 6,413.641 million a year ago. Operating income was TWD 743.587 million compared to TWD 825.032 million a year ago. Net income was TWD 502.884 million compared to TWD 514.263 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 0.53 a year ago. For the nine months, sales was TWD 12,187.129 million compared to TWD 18,694.329 million a year ago. Operating income was TWD 666.769 million compared to TWD 2,467.256 million a year ago. Net income was TWD 235.524 million compared to TWD 1,537.171 million a year ago. Basic earnings per share was TWD 0.24 compared to TWD 1.58 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. 
