Ocean Plastics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 08:46 am EDT
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Ocean Plastics Co., Ltd. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 4,667.770 million compared to TWD 4,789.595 million a year ago. Operating loss was TWD 112.859 million compared to TWD 141.807 million a year ago. Net income was TWD 117.087 million compared to net loss of TWD 71.794 million a year ago. Basic earnings per share was TWD 0.53 compared to basic loss per share of TWD 0.33 a year ago.
OCEAN PLASTICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of plastic materials and products. The Company primarily provides plastic cloths, plastic leather products, synthetic leather products, plastic construction materials and plastic raw materials. The Companyâs products are primarily applied in the manufacture of file folders, stationery related products, balls, shoes, purses, handbags, furniture, sports equipment, tubes, as well as electrical insulating materials, among others. The Company distributes its products in Taiwan, Mainland China, Hong Kong, India and the United States, among others.
OCEAN PLASTICS CO., LTD. 
