Ocean Plastics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 12, 2019 at 04:58 pm EDT
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Ocean Plastics Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 1,196.057 million compared to TWD 1,257.073 million a year ago. Net loss was TWD 22.031 million compared to TWD 73.519 million a year ago. Basic loss per share was TWD 0.1 compared to TWD 0.33 a year ago. For the half year, total revenue was TWD 2,226.566 million compared to TWD 2,447.215 million a year ago. Net income was TWD 8.958 million compared to net loss of TWD 33.783 million a year ago. Basic earnings per share was TWD 0.04 compared to basic loss per share of TWD 0.15 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. 
