Shandong Oriental Ocean Sci-Tech Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 28, 2019 at 06:39 am EDT
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Shandong Oriental Ocean Sci-Tech Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 510.084 million compared to CNY 611.861 million a year ago. Operating income was CNY 30.671 million compared to CNY 94.540 million a year ago. Net income was CNY 29.338 million compared to CNY 92.350 million a year ago. Basic earnings per share from continuing operations was CNY 0.0388 compared to CNY 0.1221 a year ago. Sales was CNY 1,266.419 million compared to CNY 1,678.529 million a year ago. Operating loss was CNY 59.699 million compared to operating Income of CNY 165.106 million a year ago. Net loss was CNY 63.834 million compared to net income of CNY 144.949 million a year ago. Basic loss per share from continuing operations was CNY 0.2007 compared to basic earnings per share from continuing operations of CNY 0.4558 a year ago.
Shandong Oriental Ocean Sci-Tech Co., Ltd. is a China-based company, principally engaged in the operation of marine aquaculture and aquatic products processing activities. The Company's main products include processing products and import processing products, such as dried shrimps, shrimps, scallops and squids. The Company also engages in the sea cucumber aquaculture and processing business. The Company distributes its products within domestic market and to overseas markets, including Europe, the rest of Asia, the United States and Canada.
SHANDONG ORIENTAL OCEAN SCI-TECH CO., LTD. 