Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 09, 2019 at 04:30 pm
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Nankang Rubber Tire Corp.,Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced sales was TWD 3,092.855 million compared to TWD 3,072.829 million a year ago. Operating income was TWD 304.789 million compared to TWD 200.559 million a year ago. Net income was TWD 381.293 million compared to TWD 130.863 million a year ago. Basic earnings per share was TWD 0.48 compared to TWD 0.16 a year ago. For the half year, sales was TWD 5,825.426 million compared to TWD 5,434.101 million a year ago. Operating income was TWD 451.262 million compared to TWD 274.445 million a year ago. Net income was TWD 597.586 million compared to TWD 161.722 million a year ago. Basic earnings per share was TWD 0.74 compared to TWD 0.2 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.