Cheng Shin Rubber Ind. Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 11, 2021 at 04:40 pm EDT
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Cheng Shin Rubber Ind. Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was TWD 25,528.918 million compared to TWD 22,028.770 million a year ago. Operating income was TWD 2,146.935 million compared to TWD 1,451.933 million a year ago. Net income was TWD 1,587.303 million compared to TWD 2,263.930 million a year ago. Basic earnings per share was TWD 0.49 compared to TWD 0.7 a year ago. For the half year, sales was TWD 53,095.128 million compared to TWD 41,578.814 million a year ago. Operating income was TWD 5,182.205 million compared to TWD 1,551.799 million a year ago. Net income was TWD 3,400.978 million compared to TWD 275.254 million a year ago. Basic earnings per share was TWD 1.05 compared to TWD 0.08 a year ago.
Cheng Shin Rubber Ind. Co Ltd is a Taiwan-based company mainly engaged in the manufacture and sale of tires. The main products include radial automobile cover tires, radial truck cover tires, motorcycle cover tires, bike cover tires, inner tubes and other tires. The Company is also involved in the manufacture and sale of rubber and tire-related industrial products. The Company operates within the domestic market and to overseas markets, including the Americas, Europe, the Middle East, Africa, Asia, Australia and others.