Formosa Oilseed Processing Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 13, 2019 at 11:14 am
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Formosa Oilseed Processing Co., Ltd. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 2,741.202 million compared to TWD 2,900.096 million a year ago. Operating income was TWD 125.256 million compared to TWD 23.150 million a year ago. Net income was TWD 91.855 million compared to TWD 15.915 million a year ago. Basic earnings per share was TWD 0.42 compared to TWD 0.07 a year ago. For the nine months, sales was TWD 7,873.274 million compared to TWD 8,389.682 million a year ago. Operating income was TWD 318.189 million compared to TWD 222.662 million a year ago. Net income was TWD 242.607 million compared to TWD 173.171 million a year ago. Basic earnings per share was TWD 1.11 compared to TWD 0.79 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. 
