Shinkong Synthetic Fiber Corporation operates within the Plastics materials and resins sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Shinkong Synthetic Fiber with three other
companies in this sector in Taiwan:
Taita Chemical Company Limited
sales of 19.82 billion Taiwanese Dollars [US$644.78 million]
of which 97%
was Plastics Material),
LCY Chemical Corporation
(45.32 billion Taiwanese Dollars [US$1.47 billion]
of which 44%
was Rubber), and
Eternal Material Industry Co Ltd
(41.55 billion Taiwanese Dollars [US$1.35 billion]
of which 54%
was Synthetic Resin).
During the year ended December of 2017, sales at
Shinkong Synthetic Fiber were 36.50 billion Taiwanese Dollars (US$1.19 billion).
increase of 6.6%
versus 2016, when the company's sales were 34.24 billion Taiwanese Dollars.
Despite this increase, sales are still
below the level achieved in 2015, when Shinkong Synthetic Fiber
reported sales of 36.97 billion Taiwanese Dollars.
Sales of Others saw an increase
that was more than double the company's growth rate: sales were up
22.7% in 2017, from
93.19 million Taiwanese Dollars to 114.36 million Taiwanese Dollars.
Shinkong Synthetic Fiber also saw significant increases in sales in
Polyer (up 11.1% to 28.24 billion Taiwanese Dollars)
Finance and Securities (up 13.4% to 2.43 billion Taiwanese Dollars)
Not all segments of Shinkong Synthetic Fiber experienced an increase in sales in 2017:
sales of Photoelectric fell 15.1% to 5.74 billion Taiwanese Dollars.