Ocean Plastics Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 09:32 am EST
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Ocean Plastics Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced total revenue was TWD 1,241.389 million compared to TWD 1,096.609 million a year ago. Operating loss was TWD 26.062 million compared to TWD 27.403 million a year ago. Net income was TWD 115.550 million compared to TWD 53.407 million a year ago. Basic earnings per share was TWD 0.52 compared to TWD 0.24 a year ago. For the nine months, total revenue was TWD 3,467.955 million compared to TWD 3,543.824 million a year ago. Operating loss was TWD 77.378 million compared to TWD 116.741 million a year ago. Net income was TWD 124.508 million compared to TWD 19.624 million a year ago. Basic earnings per share was TWD 0.56 compared to TWD 0.09 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. 