Oceanic Beverages Co., Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 12, 2020 at 08:33 pm IST
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Oceanic Beverages Co., Inc. announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was TWD 86.367 million compared to TWD 93.600 million a year ago. Operating loss was TWD 22.074 million compared to TWD 14.497 million a year ago. Net income was TWD 8.902 million compared to net loss of TWD 13.734 million a year ago. Basic earnings per share was TWD 0.16 compared to basic loss per share of TWD 0.24 a year ago. For the half year, sales was TWD 166.432 million compared to TWD 226.003 million a year ago. Operating loss was TWD 35.832 million compared to TWD 15.301 million a year ago. Net loss was TWD 3.729 million compared to TWD 22.990 million a year ago. Basic loss per share was TWD 0.07 compared to TWD 0.41 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. 
