International CSRC Investment Holdings Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 08, 2022
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International CSRC Investment Holdings Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 5,845.14 million compared to TWD 5,882.66 million a year ago. Net loss was TWD 4.53 million compared to net income of TWD 294.69 million a year ago. Basic loss per share from continuing operations was TWD 0.01 compared to basic earnings per share from continuing operations of TWD 0.3 a year ago. Diluted loss per share from continuing operations was TWD 0.01 compared to diluted earnings per share from continuing operations of TWD 0.3 a year ago.
For the six months, sales was TWD 11,056.6 million compared to TWD 11,246.18 million a year ago. Net income was TWD 208.18 million compared to TWD 723.27 million a year ago. Basic earnings per share from continuing operations was TWD 0.21 compared to TWD 0.75 a year ago. Diluted earnings per share from continuing operations was TWD 0.21 compared to TWD 0.75 a year ago.
International CSRC Investment Holdings Co., Ltd., formerly CHINA SYNTHETIC RUBBER CORPORATION, is principally engaged in the manufacture and distribution of carbon black. The Company's carbon black is mainly applied in the manufacture of rubber products, such as tires, conveyor belts and other products. The Company is also engaged in the manufacture and trading of pharmaceuticals, the provision of biotechnological services, as well as the production and assembling of battery cells and battery packs. The Company distributes its products within domestic market and to overseas markets.