Jinan Acetate Chemical Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 1,040.45 million compared to TWD 674.87 million a year ago. Net income was TWD 202.58 million compared to TWD 109.98 million a year ago. Basic earnings per share from continuing operations was TWD 3.54 compared to TWD 1.91 a year ago. Diluted earnings per share from continuing operations was TWD 3.37 compared to TWD 1.31 a year ago.
For the six months, sales was TWD 1,844.11 million compared to TWD 1,306.17 million a year ago. Net income was TWD 591.64 million compared to TWD 190.97 million a year ago. Basic earnings per share from continuing operations was TWD 10.35 compared to TWD 3.32 a year ago. Diluted earnings per share from continuing operations was TWD 9.31 compared to TWD 2.94 a year ago.