Hotai Motor Co.,Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 11, 2020 at 03:37 pm EST
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Hotai Motor Co.,Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 48,600.851 million compared to TWD 46,670.277 million a year ago. Net income was TWD 3,615.990 million compared to TWD 3,301.010 million a year ago. Basic earnings per share was TWD 6.62 compared to TWD 6.04 a year ago. Diluted earnings per share was TWD 6.61 compared to TWD 6.04 a year ago. For the nine months, sales was TWD 148,045.096 million compared to TWD 132,471.953 million a year ago. Net income was TWD 10,329.350 million compared to TWD 8,850.766 million a year ago. Basic earnings per share was TWD 18.91 compared to TWD 16.2 a year ago. Diluted earnings per share was TWD 18.89 compared to TWD 16.2 a year ago.
Hotai Motor Co Ltd is a Taiwan-based company principally engaged in the distribution of motor vehicles and relevant parts. The Company primarily provides passenger cars and business vehicles, with brands named LEXUS, TOYOTA and others, as well as large-sized vehicles, including trucks and passenger cars, with brands named HINO. In addition, it is involved in the provision of air conditioners for vehicles, vehicle leasing services and installment payment services, as well as parts and components for vehicles. The Company is also engaged in insurance business. The Company operates its businesses primarily in domestic market.
HOTAI MOTOR CO.,LTD. 
