Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 06, 2021 at 04:40 pm
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Nankang Rubber Tire Corp.,Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was TWD 2,201.075 million compared to TWD 2,194.640 million a year ago. Operating income was TWD 68.230 million compared to TWD 143.604 million a year ago. Net income was TWD 204.797 million compared to net loss of TWD 128.380 million a year ago. Basic earnings per share from continuing operations was TWD 0.26 compared to basic loss per share from continuing operations of TWD 0.16 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.