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Nan Pao posts record second-quarter profit and July revenue as sales rise

Nan Pao Resins Chemical reported record second-quarter net profit attributable to the parent company of NT$877 million, with earnings per share of NT$7.27, as the Taiwan-based materials maker also said July revenue reached an all-time monthly high. The results reflected stronger sales of adhesives and building materials, along with customers placing orders early and building inventory ahead of anticipated price increases.