Double Bond Chemical Ind. Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 09, 2023 at 01:56 am IST
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Double Bond Chemical Ind. Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 577.82 million compared to TWD 636.78 million a year ago. Net loss was TWD 11.3 million compared to net income of TWD 6.86 million a year ago. Basic loss per share from continuing operations was TWD 0.13 compared to basic earnings per share from continuing operations of TWD 0.08 a year ago. Diluted loss per share from continuing operations was TWD 0.13 compared to diluted earnings per share from continuing operations of TWD 0.08 a year ago.
For the nine months, sales was TWD 1,666.49 million compared to TWD 2,139.09 million a year ago. Net loss was TWD 56.7 million compared to net income of TWD 52.54 million a year ago. Basic loss per share from continuing operations was TWD 0.66 compared to basic earnings per share from continuing operations of TWD 0.61 a year ago. Diluted loss per share from continuing operations was TWD 0.66 compared to diluted earnings per share from continuing operations of TWD 0.61 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.