Double Bond Chemical Ind. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 10, 2022 at 03:23 pm EST
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Double Bond Chemical Ind. Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 636.78 million compared to TWD 760.97 million a year ago. Net income was TWD 6.86 million compared to TWD 14.75 million a year ago. Basic earnings per share from continuing operations was TWD 0.08 compared to TWD 0.17 a year ago. Diluted earnings per share from continuing operations was TWD 0.08 compared to TWD 0.17 a year ago.
For the nine months, sales was TWD 2,139.09 million compared to TWD 2,279.33 million a year ago. Net income was TWD 52.54 million compared to TWD 77.69 million a year ago. Basic earnings per share from continuing operations was TWD 0.61 compared to TWD 0.91 a year ago. Diluted earnings per share from continuing operations was TWD 0.61 compared to TWD 0.91 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.