Double Bond Chemical Ind. Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 10, 2023 at 09:31 am
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Double Bond Chemical Ind. Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 589.61 million compared to TWD 720.56 million a year ago. Net loss was TWD 26.49 million compared to net income of TWD 20.92 million a year ago. Basic loss per share from continuing operations was TWD 0.31 compared to basic earnings per share from continuing operations of TWD 0.24 a year ago. Diluted loss per share from continuing operations was TWD 0.31 compared to diluted earnings per share from continuing operations of TWD 0.24 a year ago.
For the six months, sales was TWD 1,088.68 million compared to TWD 1,502.31 million a year ago. Net loss was TWD 45.4 million compared to net income of TWD 45.68 million a year ago. Basic loss per share from continuing operations was TWD 0.53 compared to basic earnings per share from continuing operations of TWD 0.53 a year ago. Diluted loss per share from continuing operations was TWD 0.53 compared to diluted earnings per share from continuing operations of TWD 0.53 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.