Cathay Chemical Works Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 118.73 million compared to TWD 140.51 million a year ago. Net income was TWD 114.17 million compared to TWD 115.94 million a year ago. Basic earnings per share from continuing operations was TWD 0.76 compared to TWD 0.77 a year ago. Diluted earnings per share from continuing operations was TWD 0.75 compared to TWD 0.77 a year ago.
For the nine months, sales was TWD 346.62 million compared to TWD 469.71 million a year ago. Net income was TWD 297.16 million compared to TWD 208.33 million a year ago. Basic earnings per share from continuing operations was TWD 1.97 compared to TWD 1.38 a year ago. Diluted earnings per share from continuing operations was TWD 1.96 compared to TWD 1.38 a year ago.