Mercuries & Associates Holding, Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 13, 2022
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Mercuries & Associates Holding, Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported revenue was TWD 73,627.75 million compared to TWD 40,294.78 million a year ago. Net income was TWD 691.93 million compared to net loss of TWD 213.55 million a year ago. Basic earnings per share from continuing operations was TWD 0.79 compared to basic loss per share from continuing operations of TWD 0.25 a year ago. Diluted earnings per share from continuing operations was TWD 0.71. Basic earnings per share was TWD 0.79 compared to basic loss per share of TWD 0.25 a year ago. Diluted earnings per share was TWD 0.71.
For the nine months, revenue was TWD 188,540.84 million compared to TWD 140,504.38 million a year ago. Net loss was TWD 1,675.37 million compared to net income of TWD 1,360.47 million a year ago. Basic loss per share from continuing operations was TWD 1.92 compared to basic earnings per share from continuing operations of TWD 1.56 a year ago. Basic loss per share was TWD 1.92 compared to basic earnings per share of TWD 1.56 a year ago.
MERCURIES & ASSOCIATES, HOLDINGS LTD. is a Taiwan-based investment holding company principally engaged in life insurance businesses. The Company operates through four businesses. The Retail of Daily Commodities and Food businesses include the trading of garments, accessories, toys, medical supplies, infant products, jewelries, glasses and porcelains, as well as the provision of fast food. The Life Insurance businesses include personal insurance, personal health insurance, personal accident insurance, personal pension insurance and group insurance, among others. Pharmaceuticals businesses include the manufacture of active pharmaceutical ingredients (API), API intermediates and specialized chemicals. Other businesses include financial businesses, system integration businesses and engineering repair and maintenance businesses, among others.