Cheng Shin Rubber Ind. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 03:08 pm EST
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Cheng Shin Rubber Ind. Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 26,826.8 million compared to TWD 24,265.22 million a year ago. Net income was TWD 1,510.3 million compared to TWD 950.78 million a year ago. Basic earnings per share from continuing operations was TWD 0.47 compared to TWD 0.29 a year ago. Diluted earnings per share from continuing operations was TWD 0.47 compared to TWD 0.29 a year ago.
For the nine months, sales was TWD 75,662.79 million compared to TWD 77,360.35 million a year ago. Net income was TWD 4,032.63 million compared to TWD 4,351.75 million a year ago. Basic earnings per share from continuing operations was TWD 1.24 compared to TWD 1.34 a year ago. Diluted earnings per share from continuing operations was TWD 1.24 compared to TWD 1.34 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.
CHENG SHIN RUBBER IND. CO., LTD. 
