Formosa Oilseed Processing Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2020
May 13, 2020 at 02:11 pm
Share
Formosa Oilseed Processing Co., Ltd. announced earnings results for the first quarter ended March 31, 2020. For the first quarter, the company announced total revenue was TWD 2,521.291 million compared to TWD 2,477.770 million a year ago. Operating income was TWD 98.893 million compared to TWD 99.724 million a year ago. Net income was TWD 77.876 million compared to TWD 78.216 million a year ago. Basic earnings per share was TWD 0.36 compared to TWD 0.36 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. 
