Cathay Chemical Works Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 140.51 million compared to TWD 157.8 million a year ago. Net income was TWD 115.94 million compared to TWD 41.83 million a year ago. Basic earnings per share from continuing operations was TWD 0.77 compared to TWD 0.28 a year ago. Diluted earnings per share from continuing operations was TWD 0.77 compared to TWD 0.28 a year ago.
For the nine months, sales was TWD 469.71 million compared to TWD 447.48 million a year ago. Net income was TWD 208.33 million compared to TWD 118.3 million a year ago. Basic earnings per share from continuing operations was TWD 1.38 compared to TWD 0.78 a year ago. Diluted earnings per share from continuing operations was TWD 1.38 compared to TWD 0.78 a year ago.