Formosan Rubber Group Incorporated operates in the Mechanical rubber goods sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosan Rubber Group Incorporated with three other
producers of rubber products (except tires) in Asia:
Asahi Rubber Incorporated
sales of 5.98 billion Japanese Yen [US$53.73 million]
of which 81%
was Industrial Rubber Business),
Fuji Latex Co., Ltd.
(6.91 billion Japanese Yen [US$62.11 million]
of which 62%
was Precision Equipment Business), and
Phuoc Hoa Rubber JSC
based in Vietnam
(1.18 trillion Dong [US$51.84 million]
Formosan Rubber Group Incorporated reported sales of 1.71 billion Taiwanese Dollars (US$56.90 million)
December of 2016.
decrease of 25.4%
versus 2015, when the company's sales were 2.29 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 71.4% decline
in Construction Division, from 840.00 million Taiwanese Dollars to 240.54 million Taiwanese Dollars.
However, these declines were partially offset by the increase in sales of
Rubber Division (up 0.7% to 1.24 billion Taiwanese Dollars)
Storage (up 2.6% to 208.22 million Taiwanese Dollars)
Other (up 13.3% to 23.36 million Taiwanese Dollars)