OCEAN Makes a Comeback to Turn Around 1Q Profit from ฿2.7M. Loss to ฿1.3M. of Profit!
OCEAN has made a rebound in the first quarter of 2019 with a net profit of THB 1.351 million, showing positive sign for the palm oil business.
Ocean Commerce Public Company Limited (OCEAN) has reported its 1Q19 consolidated financial statement through the Stock Exchange of Thailand as follows:
OCEAN has made a rebound in the first quarter of 2019 with a net profit of THB 1.351 million, increased when compared to the same period of last year that showed a net loss of THB 2.765 million.
In the overview, the palm oil trading business made a net profit of THB 1.76 million while the water business had a net loss of THB 0.41 million which showed that the business operation of the palm oil trading company had proceed in a good direction.
