Oceanic Beverages Co., Inc. Reports Earnings Results for the Full Year Ended December 31, 2019
March 29, 2020 at 10:53 am
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Oceanic Beverages Co., Inc. announced earnings results for the full year ended December 31, 2019. For the full year, the company announced sales was TWD 435.368 million compared to TWD 594.238 million a year ago. Operating loss was TWD 37.239 million compared to TWD 11.774 million a year ago. Net loss was TWD 43.093 million compared to TWD 89.579 million a year ago. Basic loss per share was TWD 0.76 compared to TWD 1.58 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. 
