Formosa Oilseed Processing Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter and Accumulated of 2018; Reports Impairment Loss for the Third Quarter of 2018
November 12, 2018 at 05:31 pm IST
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Formosa Oilseed Processing Co., Ltd. announced consolidated earnings results for the third quarter and accumulated of 2018. For the quarter, the company reported sales revenue of TWD 2,900,096.00 against TWD 2,714,396.00 a year ago. Total operating revenue was TWD 2,881,758.00 against TWD 2,698,553.00 a year ago. Net sales revenue was TWD 2,880,495.00 against TWD 2,697,893.00 a year ago. Net operating income was TWD 23,150.00 against TWD 127,394.00 a year ago. Profit from continuing operations before tax was TWD 31,685.00 against TWD 134,309.00 a year ago. Profit was TWD 24,738.00 against TWD 110,936.00 a year ago. Profit attributable to owners of parent was TWD 15,915.00 against TWD 88,892.00 a year ago. Diluted earnings per share from continuing operations were TWD 0.07 against TWD 0.41 a year ago.
For the accumulated period, the company reported sales revenue of TWD 8,389,682.00 against TWD 8,012,467.00 a year ago. Total operating revenue was TWD 8,344,865.00 against TWD 7,970,121.00 a year ago. Net sales revenue was TWD 8,341,614.00 against TWD 7,967,626.00 a year ago. Net operating income was TWD 222,662.00 against TWD 360,003.00 a year ago. Profit from continuing operations before tax was TWD 258,012.00 against TWD 377,718.00 a year ago. Profit was TWD 206,513.00 against TWD 300,211.00 a year ago. Profit attributable to owners of parent was TWD 173,171.00 against TWD 242,599.00 a year ago. Diluted earnings per share from continuing operations were TWD 0.79 against TWD 1.11 a year ago.
For the quarter, the company reported impairment loss was TWD 1,484.00 against TWD 0.00 a year ago.
FORMOSA OILSEED PROCESSING CO., LTD. is a Taiwan-based company principally engaged in the manufacture and sales of oil products and feedstuff. The Companyâs products include oil products, feedstuff products, raw material products including cereals and corns, as well as flour products. Its oil products include soybean oil, sunflower oil and palm oil, among others. Its feedstuff products include soybean powder, wheat powder, wheat bran, barley and mixed feedstuff, among others. The Company operates through four segments. Oil segment manufactures, processes and sells soybean oil and soybean powder. Feedstuff segment manufactures, processes and sells feedstuff. Flour segment manufactures, processes and sells flour products. Others segment is engaged in other businesses.
Formosa Oilseed Processing Co., Ltd. Announces Consolidated Earnings Results for the Third Quarter and Accumulated of 2018; Reports Impairment Loss for the Third Quarter of 2018