Cathay Chemical Works Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was TWD 104.84 million compared to TWD 167.99 million a year ago. Net income was TWD 93.27 million compared to TWD 46.95 million a year ago. Basic earnings per share from continuing operations was TWD 0.62 compared to TWD 0.31 a year ago. Diluted earnings per share from continuing operations was TWD 0.62 compared to TWD 0.31 a year ago.
For the six months, sales was TWD 227.89 million compared to TWD 329.2 million a year ago. Net income was TWD 183 million compared to TWD 92.39 million a year ago. Basic earnings per share from continuing operations was TWD 1.21 compared to TWD 0.61 a year ago. Diluted earnings per share from continuing operations was TWD 1.21 compared to TWD 0.61 a year ago.