Jinan Acetate Chemical Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 524.292 million compared to TWD 457.740 million a year ago. Operating income was TWD 105.366 million compared to TWD 52.679 million a year ago. Net income was TWD 126.166 million compared to TWD 69.653 million a year ago. Basic earnings per share was TWD 2.5 compared to TWD 1.38 a year ago. Diluted earnings per share was TWD 1.94 compared to TWD 1.17 a year ago.