Mercuries & Associates Holding, Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 14, 2020 at 09:16 am EDT
Share
Mercuries & Associates Holding, Ltd. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced total revenue was TWD 65,466.391 million compared to TWD 53,132.228 million a year ago. Net income was TWD 511.445 million compared to TWD 1,353.930 million a year ago. Basic earnings per share was TWD 0.66 compared to TWD 1.74 a year ago. For the half year, total revenue was TWD 99,215.599 million compared to TWD 112,250.583 million a year ago. Net income was TWD 902.446 million compared to TWD 1,512.448 million a year ago. Basic earnings per share was TWD 1.16 compared to TWD 1.94 a year ago.
Mercuries & Associates Holding Ltd is a Taiwan-based investment holding company principally engaged in life insurance businesses. The Company operates through seven segments: life insurance, livelihood products, catering, food, information, pharmaceuticals and others. The daily necessities and catering retail business provides the purchase and sale of daily necessities, food, shoes, alcoholic beverages, catering, furniture, kitchenware, ready-made clothing, accessories, toys, medical supplies, baby products, jewelry, glasses, porcelain and other products. Life insurance business includes individual life insurance, personal health insurance, personal injury insurance, personal annuity insurance and group insurance. The pharmaceutical business includes the manufacturing of APIs, intermediates and specialty chemicals. Other businesses include financial services, system integration and engineering maintenance services.