Oceanus Posts Record Revenue; Reverses from Net Loss A Year Ago to Earnings of $3.1 Mil for FY20

Homegrown premium seafood and fast-moving consumer goods value chain manager Oceanus Group has reported earnings of $2.1 million for the 4QFY2020 ended December, compared to the $3.2 million loss in the same period a year ago.

For the FY2020 the group posted earnings of $3.1 million, reversing from the $4.0 million loss in FY2019.
Revenue for the 4QFY2020 surged over 26 times, or 2,563% y-o-y, to $56.8 million, from the $2.1 million posted in 4QFY2020.

Read more here: https://www.theedgesingapore.com/capital/results/oceanus-posts-record-revenue-reverses-net-loss-year-ago-earnings-31-mil-fy20

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