Formosa Oilseed Processing Co., Ltd. Reports Earnings Results for the Second Quarter Ended June 30, 2019
August 13, 2019 at 03:31 pm
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Formosa Oilseed Processing Co., Ltd. announced earnings results for the second quarter ended June 30, 2019. For the second quarter, the company announced total revenue was TWD 2,633.691 million compared to TWD 2,668.436 million a year ago. Operating income was TWD 93.209 million compared to TWD 92.899 million a year ago. Net income was TWD 72.536 million compared to TWD 73.952 million a year ago. Basic earnings per share was TWD 0.33 compared to TWD 0.34 a year ago. For the half year, total revenue was TWD 5,111.461 million compared to TWD 5,463.107 million a year ago. Operating income was TWD 192.933 million compared to TWD 199.512 million a year ago. Net income was TWD 150.752 million compared to TWD 157.256 million a year ago. Basic earnings per share was TWD 0.69 compared to TWD 0.72 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. 