Formosa International Hotels Corp operates in the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosa International Hotels Corp with three other
hotel and motel operators in Asia:
Greens Co Ltd
sales of 25.01 billion Japanese Yen [US$225.06 million]
of which 100%
was Hotel Business),
Emperor Entertainment Hotel Limited
of Hong Kong
(1.72 billion Hong Kong Dollars [US$220.45 million]
of which 84%
was Hotel and Gaming Operations), and
Banyan Tree Holdings Ltd
based in Singapore
(309.57 million Singapore Dollars [US$227.29 million]
of which 64%
was Hotel Investment).
Formosa International Hotels Corp reported sales of 6.86 billion Taiwanese Dollars (US$225.91 million)
December of 2016.
increase of 2.7%
versus 2015, when the company's sales were 6.68 billion Taiwanese Dollars.
This was the fourth straight year of sales growth at Formosa International Hotels Corp.
Sales of Investment saw an increase
that was more than double the company's growth rate: sales were up
314.8% in 2016, from
474,000.00 Taiwanese Dollars to 1.97 million Taiwanese Dollars.
Formosa International Hotels Corp also saw significant increases in sales in
Food Service (up 3.6% to 3.64 billion Taiwanese Dollars)
Accommodation (up 4.1% to 2.60 billion Taiwanese Dollars)
Not all segments of Formosa International Hotels Corp experienced an increase in sales in 2016:
sales of Technology Service and Management fell 19.1% to 141.74 million Taiwanese Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).
Formosa International Hotels Corp also experienced decreases in sales in
Rental Service (down 3.8% to 465.14 million Taiwanese Dollars)