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:
Shin-Etsu Chemical Co Limited
sales of 1.26 trillion Japanese Yen [US$12.09 billion]
of which 36%
was Salt Chemical Products Business),
Lotte Chemical Corp
of South Korea
(11.71 trillion Korean Won [US$10.41 billion]
of which 58%
was Polymers), and
Siam Cement Public Company Limited (The)
based in Thailand
(439.61 billion Thai Bahts [US$12.56 billion]
of which 45%
was SCG Chemicals).
Formosa Chemicals & Fibre reported sales of 329.35 billion Taiwanese Dollars (US$10.44 billion)
December of 2015.
decrease of 18.0%
versus 2014, when the company's sales were 401.45 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 47.6% decline
in First Chemical Division, from 87.43 billion Taiwanese Dollars to 45.85 billion Taiwanese Dollars.
There were also decreases in sales in
Plastics Division (down 12.6% to 95.00 billion Taiwanese Dollars)
Third Chemical Division and Taihuaxingye (down 20.5% to 57.13 billion Taiwanese Dollars)
Second Chemical Division (down 28.8% to 32.34 billion Taiwanese Dollars)
Fu Mao Co. (down 15.6% to 27.00 billion Taiwanese Dollars)
Fu Ke Co. (down 4.8% to 8.76 billion Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Other (up 35.2% to 63.27 billion Taiwanese Dollars)