Mercuries & Associates Holding, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 12, 2022
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Mercuries & Associates Holding, Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported revenue was TWD 56,385.44 million compared to TWD 51,625.88 million a year ago. Net loss was TWD 1,359.89 million compared to net income of TWD 678.56 million a year ago. Basic loss per share from continuing operations was TWD 1.5545 compared to basic earnings per share from continuing operations of TWD 0.7822 a year ago. Basic loss per share was TWD 1.5545 compared to basic earnings per share of TWD 0.7822 a year ago. Diluted loss per share was TWD 1.3861 compared to diluted earnings per share of TWD 0.703 a year ago.
For the six months, revenue was TWD 116,481.83 million compared to TWD 103,057.96 million a year ago. Net loss was TWD 2,367.3 million compared to net income of TWD 1,574.02 million a year ago. Basic loss per share from continuing operations was TWD 2.703 compared to basic earnings per share from continuing operations of TWD 1.8119 a year ago. Basic loss per share was TWD 2.703 compared to basic earnings per share of TWD 1.8119 a year ago. Diluted loss per share was TWD 2.4158 compared to diluted earnings per share of TWD 1.6238 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.