Nankang Rubber Tire Corp.,Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 15, 2021 at 06:04 pm EDT
Share
Nankang Rubber Tire Corp.,Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was TWD 9,695.119 million compared to TWD 11,111.580 million a year ago. Operating income was TWD 1,029.090 million compared to TWD 714.705 million a year ago. Net income was TWD 844.378 million compared to TWD 1,135.684 million a year ago. Basic earnings per share from continuing operations was TWD 1.05 compared to TWD 1.42 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.