Oceanic Beverages Co., Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 11, 2019 at 12:23 pm
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Oceanic Beverages Co., Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was TWD 128.944 million compared to TWD 209.420 million a year ago. Operating loss was TWD 11.889 million compared to TWD 2.463 million a year ago. Net loss was TWD 12.704 million compared to TWD 3.564 million a year ago. Basic loss per share was TWD 0.22 compared to TWD 0.07 a year ago. For the nine months, sales was TWD 354.947 million compared to TWD 501.647 million a year ago. Operating loss was TWD 27.190 million compared to TWD 1.311 million a year ago. Net loss was TWD 35.694 million compared to TWD 1.548 million a year ago. Basic loss per share was TWD 0.63 compared to TWD 0.03 a year ago.
OCEANIC BEVERAGES CO., INC. is a Taiwan-based company principally engaged in the manufacture and sales of beverage products. The Company also operates service areas on highways to provide restaurants, retail stores and related ancillary facilities. The Company operates through three segments. The Sales of Beverages segment is mainly engaged in the manufacture, wholesales and retailing of soda drinks and beverages. Its products include apple cider series, water series, 580 series and fruit juice series. The Operation of Service Areas segment is mainly engaged in the operation of service areas. The Shanghai Operation segment is engaged in the operation businesses in Shanghai. The Company operates businesses in Taiwan, Asia and other regions.
OCEANIC BEVERAGES CO., INC. 
