Cathay Chemical Works Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 105.321 million compared to TWD 155.308 million a year ago. Operating income was TWD 4.713 million compared to TWD 6.261 million a year ago. Net income was TWD 7.201 million compared to TWD 42.892 million a year ago. Basic earnings per share was TWD 0.05 compared to TWD 0.28 a year ago. For the half year, sales was TWD 235.922 million compared to TWD 306.872 million a year ago. Operating income was TWD 11.876 million compared to TWD 10.050 million a year ago. Net income was TWD 22.675 million compared to TWD 61.828 million a year ago. Basic earnings per share was TWD 0.15 compared to TWD 0.41 a year ago.