Far Eastern New Century Corporation operates in the Textile goods sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Far Eastern New Century with three other
fabric manufacturers in Asia:
Unitika Ltd
of Japan
(2012
sales of 174.66 billion Japanese Yen [US$1.71 billion]
of which 44%
was Fiber),
Teijin Ltd
of Japan
(854.37 billion Japanese Yen [US$8.36 billion]
of which 26%
was Distribution & Retail), and
Kolon Corporation
which is
based in South Korea
(4.66 trillion Korean Won [US$4.18 billion]
of which 45%
was Distribution business).
Sales Analysis.
Far Eastern New Century reported sales of 240.42 billion Taiwanese Dollars (US$8.03 billion)
for the
year ending
December of 2012.
This
represents
an
increase of 2.1%
versus 2011, when the company's sales were 235.56 billion Taiwanese Dollars.
This was the third consecutive year of growth at Far Eastern New Century.
Sales of Investment and Other saw an increase
that was more than double the company's growth rate: sales were up
131.2% in 2012, from
6.90 billion Taiwanese Dollars to 15.95 billion Taiwanese Dollars.
Far Eastern New Century also saw significant increases in sales in
Telecommunication (up 14.6% to 86.84 billion Taiwanese Dollars)
and
Real Estate Development (up 7.9% to 11.80 billion Taiwanese Dollars)
.
Not all segments of Far Eastern New Century experienced an increase in sales in 2012:
sales of Textile fell 24.2% to 28.50 billion Taiwanese Dollars.
Far Eastern New Century also experienced decreases in sales in
Fiber (down 15.9% to 80.96 billion Taiwanese Dollars)
and
Petrochemical (down 14.9% to 51.61 billion Taiwanese Dollars)
.
Business Description