Ocean Plastics Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 12, 2021 at 07:41 pm EDT
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Ocean Plastics Co., Ltd. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced total revenue was TWD 1,651.080 million compared to TWD 1,085.460 million a year ago. Operating loss was TWD 30.093 million compared to operating Income of TWD 67.130 million a year ago. Net loss was TWD 57.631 million compared to net income of TWD 125.761 million a year ago. Basic loss per share was TWD 0.26 compared to basic earnings per share of TWD 0.57 a year ago. For the half year, total revenue was TWD 3,185.808 million compared to TWD 2,168.027 million a year ago. Operating loss was TWD 9.887 million compared to operating Income of TWD 39.974 million a year ago. Net income was TWD 192.328 million compared to TWD 427.998 million a year ago. Basic earnings per share was TWD 0.87 compared to TWD 1.94 a year ago. Diluted earnings per share was TWD 0.87 compared to TWD 1.93 a year ago. Basic earnings per share from continuing operations was TWD 0.87 compared to TWD 0.39 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. 