Shinkong Insurance Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 26, 2021
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Shinkong Insurance Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 4,565.335 million compared to TWD 4,073.086 million a year ago. Operating income was TWD 716.986 million compared to TWD 503.049 million a year ago. Net income was TWD 616.810 million compared to TWD 482.314 million a year ago. Basic earnings per share from continuing operations was TWD 1.95 compared to TWD 1.53 a year ago. For the half year, total revenue was TWD 9,043.962 million compared to TWD 7,725.128 million a year ago. Operating income was TWD 1,257.324 million compared to TWD 786.915 million a year ago. Net income was TWD 1,089.099 million compared to TWD 691.214 million a year ago. Basic earnings per share from continuing operations was TWD 3.45 compared to TWD 2.19 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.