Ocean Plastics Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2020
March 28, 2021 at 08:54 am EDT
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Ocean Plastics Co., Ltd. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced total revenue was TWD 4,980.018 million compared to TWD 4,656.690 million a year ago. Operating income was TWD 232.694 million compared to operating loss of TWD 112.859 million a year ago. Net income was TWD 715.152 million compared to TWD 117.087 million a year ago. Basic earnings per share from continuing operations was TWD 3.24 compared to TWD 0.53 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.