Formosa Oilseed Processing Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 11, 2022 at 09:02 pm
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Formosa Oilseed Processing Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was TWD 3,929.63 million compared to TWD 3,182.58 million a year ago. Revenue was TWD 3,930.31 million compared to TWD 3,183.09 million a year ago. Net loss was TWD 10.94 million compared to net income of TWD 28.63 million a year ago. Basic loss per share from continuing operations was TWD 0.0476 compared to basic earnings per share from continuing operations of TWD 0.1238 a year ago.
For the nine months, sales was TWD 11,242.96 million compared to TWD 9,446.42 million a year ago. Revenue was TWD 11,244.61 million compared to TWD 9,447.8 million a year ago. Net income was TWD 340.99 million compared to TWD 330.37 million a year ago. Basic earnings per share from continuing operations was TWD 1.4857 compared to TWD 1.4381 a year ago. Diluted earnings per share from continuing operations was TWD 1.4857 compared to TWD 1.4381 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. 
