Double Bond Chemical Ind. Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2023
May 11, 2023 at 05:32 am EDT
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Double Bond Chemical Ind. Co., Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 499.07 million compared to TWD 781.75 million a year ago.
Net loss was TWD 18.91 million compared to net income of TWD 24.76 million a year ago. Basic loss per share from continuing operations was TWD 0.22 compared to basic earnings per share from continuing operations of TWD 0.29 a year ago. Diluted loss per share from continuing operations was TWD 0.22 compared to diluted earnings per share from continuing operations of TWD 0.29 a year ago.
Double Bond Chemical Ind., Co., Ltd. is a Taiwan-based company mainly engaged in research, manufacturing and sale of plastic additives, light curing materials, electronic chemicals and digital printing inks. The Company's product include antioxidants, UV absorbers, light stabilizers, heat stabilizers, fluorescent brighteners, fire retardants, matting agents, photoinitiators, photosensitizers and oligomers, as well as other polymer additives. The products are sold all over the world, covering the industries of rubber and plastic, coating, textile, dyeing and finishing, cosmetics, biotechnology, electronic chemicals, digital printing and others.