Cathay Chemical Works Inc. announced earnings results for the first quarter ended March 31, 2019. For the first quarter, the company announced sales was TWD 151.564 million compared to TWD 180.566 million a year ago. Operating income was TWD 3.789 million compared to TWD 9.423 million a year ago. Net income was TWD 18.936 million compared to TWD 35.392 million a year ago. Basic earnings per share was TWD 0.13 compared to TWD 0.23 a year ago.