Oceanic Beverages Co., Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 10, 2022
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Oceanic Beverages Co., Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was TWD 92.8 million compared to TWD 102.75 million a year ago. Net loss was TWD 17.61 million compared to TWD 23.26 million a year ago. Basic loss per share from continuing operations was TWD 0.31 compared to TWD 0.41 a year ago. Diluted loss per share from continuing operations was TWD 0.31 compared to TWD 0.41 a year ago.
For the six months, sales was TWD 193.75 million compared to TWD 205.02 million a year ago. Net loss was TWD 44.37 million compared to TWD 36.93 million a year ago. Basic loss per share from continuing operations was TWD 0.78 compared to TWD 0.65 a year ago. Diluted loss per share from continuing operations was TWD 0.78 compared to TWD 0.65 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. 
