Chung Hwa Chemical Industrial Works, Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 09, 2022
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Chung Hwa Chemical Industrial Works, 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 555.35 million compared to TWD 460.74 million a year ago. Net income was TWD 33.73 million compared to TWD 61.82 million a year ago. Basic earnings per share was TWD 0.31 compared to TWD 0.57 a year ago. Diluted earnings per share was TWD 0.31 compared to TWD 0.57 a year ago.
For the six months, sales was TWD 1,156.85 million compared to TWD 890.89 million a year ago. Net income was TWD 73.36 million compared to TWD 99.27 million a year ago. Basic earnings per share was TWD 0.68 compared to TWD 0.92 a year ago. Diluted earnings per share was TWD 0.68 compared to TWD 0.92 a year ago.
Chung Hwa Chemical Industrial Works Ltd. is a Taiwan-based company principally engaged in the processing, production and sales of chemical products. The Company mainly provides basic and acidic chemicals, specialty chemicals and electronic chemicals. The basic and acidic chemicals include the sulphuric acid, nicotinic acid, diluted acid, chlorosulfonic acid, aluminium sulfate, refined sulphuric acid, sodium silicate, phosphates and other inorganic chemical products. The specialty chemicals include dyes, pigment intermediates and color developing agents, as well as chemical fiber modified products. The electronic chemicals mainly include electronic grade sulfuric acid and conductive polymer materials.