Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 10, 2020 at 08:54 pm
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Nankang Rubber Tire Corp.,Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 1,966.523 million compared to TWD 3,092.855 million a year ago. Operating income was TWD 101.760 million compared to TWD 304.789 million a year ago. Net income was TWD 574.255 million compared to TWD 381.293 million a year ago. Basic earnings per share was TWD 0.72 compared to TWD 0.48 a year ago. For the half year, sales was TWD 4,161.163 million compared to TWD 5,825.426 million a year ago. Operating income was TWD 245.364 million compared to TWD 451.262 million a year ago. Net income was TWD 445.875 million compared to TWD 597.586 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.74 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. 
