Chung Hwa Chemical Industrial Works, Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 12, 2022 at 04:29 pm EDT
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Chung Hwa Chemical Industrial Works, Ltd. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was TWD 601.5 million compared to TWD 430.15 million a year ago. Net income was TWD 39.63 million compared to TWD 37.45 million a year ago. Basic earnings per share was TWD 0.37 compared to TWD 0.35 a year ago. Diluted earnings per share was TWD 0.37 compared to TWD 0.35 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.