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:
Nitto Kako Co., Ltd.
sales of 10.19 billion Japanese Yen [US$88.22 million]
Sakura Rubber Co., Ltd
(10.17 billion Japanese Yen [US$88.06 million]
of which 52%
was Fire-fighting Equipment), and
Fuji Latex Co., Ltd.
based in Japan
(6.71 billion Japanese Yen [US$58.10 million]
of which 64%
was Precision Equipment Business).
Formosan Rubber Group Incorporated reported sales of 2.29 billion Taiwanese Dollars (US$72.16 million)
December of 2015.
decrease of 58.7%
versus 2014, when the company's sales were 5.54 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 79.1% decline
in Construction Division, from 4.02 billion Taiwanese Dollars to 840.00 million Taiwanese Dollars.
There were also decreases in sales in
Rubber Division (down 5.3% to 1.23 billion Taiwanese Dollars)
Other (down 45.7% to 20.61 million Taiwanese Dollars)
However, these declines were partially offset by the increase in sales of
Storage (up 5.4% to 203.04 million Taiwanese Dollars)