Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 07:27 pm EDT
Share
Nankang Rubber Tire Corp.,Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 1,927.349 million compared to TWD 1,966.523 million a year ago. Operating loss was TWD 286.737 million compared to operating Income of TWD 101.760 million a year ago. Net income was TWD 238.969 million compared to TWD 574.255 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 0.72 a year ago. For the half year, sales was TWD 4,128.424 million compared to TWD 4,161.163 million a year ago. Operating loss was TWD 218.507 million compared to operating Income of TWD 245.364 million a year ago. Net income was TWD 443.766 million compared to TWD 445.875 million a year ago. Basic earnings per share from continuing operations was TWD 0.54 compared to TWD 0.56 a year ago.
Nankang Rubber Tire Corp., Ltd. is a Taiwan-based company principally engaged in the manufacture and trading of tires. The products of the Company include automotive tires, motorcycle tires and truck tires. Its automotive tires include snowfield-use vehicle tires, sedan tires, half hot melting tires and recreational vehicle (RV) tires, among others. Its motorcycle tires include heavy motorcycle tires and general motorcycle tires. The Company operates businesses in Taiwan market, America market, Europe market and Asia market, among others.