Double Bond Chemical Ind., Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 10, 2020 at 07:15 pm
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Double Bond Chemical Ind., Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 626.405 million compared to TWD 847.635 million a year ago. Operating income was TWD 23.974 million compared to TWD 39.965 million a year ago. Net income was TWD 15.452 million compared to TWD 13.995 million a year ago. Basic earnings per share was TWD 0.2 compared to TWD 0.18 a year ago. For the nine months, sales was TWD 1,820.332 million compared to TWD 2,706.641 million a year ago. Operating income was TWD 44.015 million compared to TWD 218.448 million a year ago. Net income was TWD 29.772 million compared to TWD 176.741 million a year ago. Basic earnings per share was TWD 0.39 compared to TWD 2.3 a year ago. Diluted earnings per share was TWD 0.39 compared to TWD 2.12 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.