Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 04, 2020 at 02:56 pm EST
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Nankang Rubber Tire Corp.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 2,952.496 million compared to TWD 2,683.383 million a year ago. Net income was TWD 225.344 million compared to TWD 415.675 million a year ago. Basic earnings per share was TWD 0.28 compared to TWD 0.52 a year ago. For the nine months, sales was TWD 7,113.659 million compared to TWD 8,508.809 million a year ago. Net income was TWD 671.219 million compared to TWD 1,013.261 million a year ago. Basic earnings per share was TWD 0.84 compared to TWD 1.26 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.