Cathay Chemical Works Inc. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 112.053 million compared to TWD 135.336 million a year ago. Operating income was TWD 1.877 million compared to TWD 2.672 million a year ago. Net income was TWD 17.714 million compared to TWD 2.619 million a year ago. Basic earnings per share was TWD 0.12 compared to TWD 0.02 a year ago. For the nine months, sales was TWD 347.975 million compared to TWD 442.208 million a year ago. Operating income was TWD 13.753 million compared to TWD 12.722 million a year ago. Net income was TWD 40.389 million compared to TWD 64.447 million a year ago. Basic earnings per share was TWD 0.27 compared to TWD 0.43 a year ago.