Oceanic Beverages Co., Inc. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 12, 2020 at 11:56 pm IST
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Oceanic Beverages Co., Inc. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced sales was TWD 80.065 million compared to TWD 132.403 million a year ago. Operating loss was TWD 13.758 million compared to TWD 804,000 a year ago. Net loss was TWD 12.631 million compared to TWD 9.256 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 0.16 a year ago.
OCEANIC BEVERAGES CO., INC. is a Taiwan-based company principally engaged in the manufacture and sales of beverage products. The Company also operates service areas on highways to provide restaurants, retail stores and related ancillary facilities. The Company operates through three segments. The Sales of Beverages segment is mainly engaged in the manufacture, wholesales and retailing of soda drinks and beverages. Its products include apple cider series, water series, 580 series and fruit juice series. The Operation of Service Areas segment is mainly engaged in the operation of service areas. The Shanghai Operation segment is engaged in the operation businesses in Shanghai. The Company operates businesses in Taiwan, Asia and other regions.
OCEANIC BEVERAGES CO., INC. 
