Oceanic Beverages Co., Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:51 am
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Oceanic Beverages Co., Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported negative sales was TWD 7.23 million compared to sales of TWD 104.49 million a year ago. Net loss was TWD 37.12 million compared to TWD 16.84 million a year ago. Basic loss per share from continuing operations was TWD 0.66 compared to TWD 0.3 a year ago. Diluted loss per share from continuing operations was TWD 0.66 compared to TWD 0.3 a year ago.
For the nine months, sales was TWD 108.49 million compared to TWD 298.23 million a year ago. Net loss was TWD 96.89 million compared to TWD 61.2 million a year ago. Basic loss per share from continuing operations was TWD 1.71 compared to TWD 1.08 a year ago. Diluted loss per share from continuing operations was TWD 1.71 compared to TWD 1.08 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. 
