Chung Hwa Chemical Industrial Works, Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 12:23 am IST
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Chung Hwa Chemical Industrial Works, Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 443.372 million compared to TWD 573.944 million a year ago. Operating loss was TWD 16.873 million compared to operating Income of TWD 20.804 million a year ago. Net loss was TWD 13.650 million compared to net income of TWD 15.333 million a year ago. Basic loss per share was TWD 0.12 compared to basic earnings per share of TWD 0.14 a year ago. For the nine months, sales was TWD 1,367.727 million compared to TWD 1,723.391 million a year ago. Operating loss was TWD 39.131 million compared to operating Income of TWD 23.964 million a year ago. Net loss was TWD 158.052 million compared to net income of TWD 21.621 million a year ago. Basic loss per share was TWD 1.44 compared to basic earnings per share of TWD 0.2 a year ago. Diluted loss per share was TWD 1.43 compared to diluted earnings per share of TWD 0.2 a year ago.
Chung Hwa Chemical Industrial Works Ltd. is a Taiwan-based company principally engaged in the processing, production and sales of chemical products. The Company mainly provides basic and acidic chemicals, specialty chemicals and electronic chemicals. The basic and acidic chemicals include the sulphuric acid, nicotinic acid, diluted acid, chlorosulfonic acid, aluminium sulfate, refined sulphuric acid, sodium silicate, phosphates and other inorganic chemical products. The specialty chemicals include dyes, pigment intermediates and color developing agents, as well as chemical fiber modified products. The electronic chemicals mainly include electronic grade sulfuric acid and conductive polymer materials.
CHUNG HWA CHEMICAL INDUSTRIAL WORKS, LTD. 
