Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022
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Nankang Rubber Tire Corp.,Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 1,804.5 million compared to TWD 2,201.08 million a year ago. Net loss was TWD 293.8 million compared to net income of TWD 204.8 million a year ago. Basic loss per share was TWD 0.35 compared to basic earnings per share of TWD 0.26 a year ago. Diluted loss per share was TWD 0.35 compared to diluted earnings per share of TWD 0.26 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.