Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 05, 2019 at 03:28 pm
Share
Nankang Rubber Tire Corp.,Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,683.383 million compared to TWD 2,559.914 million a year ago. Operating income was TWD 171.383 million compared to TWD 99.394 million a year ago. Net income was TWD 415.675 million compared to TWD 25.015 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 0.03 a year ago. For the nine months, sales was TWD 8,508.809 million compared to TWD 7,994.015 million a year ago. Operating income was TWD 622.645 million compared to TWD 373.839 million a year ago. Net income was TWD 1,013.261 million compared to TWD 186.737 million a year ago. Basic earnings per share was TWD 1.26 compared to TWD 0.23 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.
NANKANG RUBBER TIRE CORP.,LTD. 
