Shinkong Insurance Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 11, 2021
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Shinkong Insurance Co., Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was TWD 4,478.627 million compared to TWD 3,652.042 million a year ago. Operating income was TWD 540.338 million compared to TWD 283.866 million a year ago. Net income was TWD 472.289 million compared to TWD 208.900 million a year ago. Basic earnings per share from continuing operations was TWD 1.49 compared to TWD 0.66 a year ago.
SHINKONG INSURANCE CO., LTD. is a Taiwan-based company principally engaged in the provision of property insurance services. The Company operates its businesses through fire insurance, including housing fire insurance, housing earthquake insurance, commercial fire insurance, commercial earthquake insurance and others; transportation insurance, including cargo insurance, ship insurance, aviation insurance and others; automobile insurance, including automobile damages liability insurance and other insurances; engineering insurance, including boiler insurance, machine insurance, electronic equipment insurance and others, as well as liability insurance, accident insurance and health insurance. The Company operates its business mainly in Taiwan.