Ocean Plastics Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 11, 2021
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Ocean Plastics Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was TWD 1,644.55 million compared to TWD 1,421.25 million a year ago. Revenue was TWD 1,640.83 million compared to TWD 1,418.53 million a year ago. Net income was TWD 142.51 million compared to TWD 148.36 million a year ago. Basic earnings per share from continuing operations was TWD 0.65 compared to TWD 0.67 a year ago. Diluted earnings per share from continuing operations was TWD 0.65 compared to TWD 0.67 a year ago. Basic earnings per share was TWD 0.65 compared to TWD 0.67 a year ago. Diluted earnings per share was TWD 0.65 compared to TWD 0.67 a year ago.
For the nine months, sales was TWD 4,834.51 million compared to TWD 3,595.65 million a year ago. Revenue was TWD 4,826.64 million compared to TWD 3,586.55 million a year ago. Net income was TWD 334.84 million compared to TWD 576.36 million a year ago. Basic earnings per share from continuing operations was TWD 1.52 compared to TWD 2.62 a year ago. Diluted earnings per share from continuing operations was TWD 1.52 compared to TWD 1.07 a year ago. Basic earnings per share was TWD 1.52 compared to TWD 2.62 a year ago. Diluted earnings per share was TWD 1.52 compared to TWD 2.61 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.