Formosa Oilseed Processing Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 10, 2021 at 04:42 pm EDT
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Formosa Oilseed Processing Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 3,169.164 million compared to TWD 2,458.591 million a year ago. Operating income was TWD 124.267 million compared to TWD 82.360 million a year ago. Net income was TWD 101.808 million compared to TWD 64.152 million a year ago. Basic earnings per share was TWD 0.47 compared to TWD 0.29 a year ago. For the half year, total revenue was TWD 6,264.704 million compared to TWD 4,979.882 million a year ago. Operating income was TWD 351.650 million compared to TWD 181.253 million a year ago. Net income was TWD 301.736 million compared to TWD 142.028 million a year ago. Basic earnings per share was TWD 1.38 compared to TWD 0.65 a year ago.
FORMOSA OILSEED PROCESSING CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of oil products and feedstuff. The Companyâs products include oil products, feedstuff products, raw material products including cereals and corns, as well as flour products. Its oil products include soybean oil, sunflower oil and palm oil, among others. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley and mixed feedstuff, among others. The Company operates through four segments. Oil segment manufactures, processes and sells soybean oil and soybean powder. Feedstuff segment manufactures, processes and sells feedstuff. Flour segment manufactures, processes and sells flour products. Others segment is engaged in other businesses.
FORMOSA OILSEED PROCESSING CO., LTD. 
