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:
Lotte Chemical Corp
of South Korea
sales of 13.22 trillion Korean Won [US$11.82 billion]
of which 66%
Mitsui Chemicals Incorporated
(1.34 trillion Japanese Yen [US$12.08 billion]
of which 37%
was Petrochemistry), and
Shin-Etsu Chemical Co Limited
based in Japan
(1.28 trillion Japanese Yen [US$11.51 billion]
of which 35%
was Salt Chemical Products Business).
Formosa Chemicals & Fibre reported sales of 319.20 billion Taiwanese Dollars (US$10.49 billion)
December of 2016.
decrease of 3.1%
versus 2015, when the company's sales were 329.35 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 12.4% decline
in First Chemical Division, from 45.85 billion Taiwanese Dollars to 40.18 billion Taiwanese Dollars.
There were also decreases in sales in
Plastics Division (down 2.8% to 92.35 billion Taiwanese Dollars)
Other (down 9.3% to 57.38 billion Taiwanese Dollars)
Third Chemical Division and Taihuaxingye (down 5.5% to 53.97 billion Taiwanese Dollars)
Fu Mao Co. (down 11.0% to 24.03 billion Taiwanese Dollars)
Fu Ke Co. (down 3.1% to 8.49 billion Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Second Chemical Division (up 32.4% to 42.81 billion Taiwanese Dollars)