Double Bond Chemical Ind., Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 11, 2020 at 07:03 pm
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Double Bond Chemical Ind., Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 563.719 million compared to TWD 901.767 million a year ago. Operating income was TWD 4.176 million compared to TWD 109.901 million a year ago. Net loss was TWD 5.627 million compared to net income of TWD 85.383 million a year ago. Basic loss per share was TWD 0.07 compared to basic earnings per share of TWD 1.11 a year ago. Diluted loss per share was TWD 0.07 compared to diluted earnings per share of TWD 1.03 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.