Ocean Plastics Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 04:04 pm
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Ocean Plastics Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 1,082.567 million compared to TWD 1,027.943 million a year ago. Operating loss was TWD 27.156 million compared to TWD 23.806 million a year ago. Net income was TWD 302.237 million compared to TWD 30.989 million a year ago. Basic earnings per share was TWD 1.37 compared to TWD 0.14 a year ago.
OCEAN PLASTICS CO., LTD. is a Taiwan-based company principally engaged in the manufacture, processing and distribution of plastic materials and products. The Company primarily provides plastic cloths, plastic leather products, synthetic leather products, plastic construction materials and plastic raw materials. The Companyâs products are primarily applied in the manufacture of file folders, stationery related products, balls, shoes, purses, handbags, furniture, sports equipment, tubes, as well as electrical insulating materials, among others. The Company distributes its products in Taiwan, Mainland China, Hong Kong, India and the United States, among others.
OCEAN PLASTICS CO., LTD. 
