Formosa Chemicals & Fibre Corporation operates in the Industrial organic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Chemicals & Fibre with three other
chemical manufacturers in Asia:
Siam Cement Public Company Limited (The)
sales of 450.92 billion Thai Bahts [US$13.85 billion]
of which 46%
was SCG Chemicals),
Shin-Etsu Chemical Co Limited
(1.24 trillion Japanese Yen [US$11.01 billion]
of which 33%
was Salt Chemical Products Business), and
Mitsui Chemicals Incorporated
based in Japan
(1.21 trillion Japanese Yen [US$10.79 billion]
of which 47%
was Circuit Material).
Formosa Chemicals & Fibre reported sales of 358.42 billion Taiwanese Dollars (US$11.64 billion)
December of 2017.
increase of 12.3%
versus 2016, when the company's sales were 319.20 billion Taiwanese Dollars.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Formosa Chemicals & Fibre had sales
of 391.60 billion Taiwanese Dollars.
Sales of First Chemical Division saw an increase
that was more than double the company's growth rate: sales were up
31.8% in 2017, from
40.18 billion Taiwanese Dollars to 52.97 billion Taiwanese Dollars.
Formosa Chemicals & Fibre also saw significant increases in sales in
Plastics Division (up 17.8% to 108.79 billion Taiwanese Dollars)
Third Chemical Division and Taihuaxingye (up 17.9% to 63.63 billion Taiwanese Dollars)
Not all segments of Formosa Chemicals & Fibre experienced an increase in sales in 2017:
sales of Fu Ke Co. fell 7.1% to 7.89 billion Taiwanese Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).
Formosa Chemicals & Fibre also experienced decreases in sales in
Other (down 3.9% to 55.16 billion Taiwanese Dollars)