Formosa Plastics Corporation operates in the Plastics materials and resins sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Plastics with three other
plastic manufacturers in Asia:
UBE Industries Ltd
sales of 641.76 billion Japanese Yen [US$6.21 billion]
of which 34%
was Construction Materials Business),
Hanwha Chemical Corporation
of South Korea
(8.04 trillion Korean Won [US$7.18 billion]
of which 43%
was Raw Materials Segment), and
Kuraray Co Ltd
based in Japan
(521.72 billion Japanese Yen [US$5.05 billion]
of which 47%
was vinyl acetate).
Formosa Plastics reported sales of 191.55 billion Taiwanese Dollars (US$6.09 billion)
December of 2015.
decrease of 11.6%
versus 2014, when the company's sales were 216.59 billion Taiwanese Dollars.
Contributing to the drop in overall sales was the 23.8% decline
in Chemical, from 32.44 billion Taiwanese Dollars to 24.73 billion Taiwanese Dollars.
There were also decreases in sales in
Plastic (down 6.2% to 64.28 billion Taiwanese Dollars)
Dpe (down 5.3% to 37.45 billion Taiwanese Dollars)
Polypropylene (Pp) (down 8.8% to 36.98 billion Taiwanese Dollars)
Taililang (down 22.1% to 24.42 billion Taiwanese Dollars)
Other Segment (down 11.8% to 3.69 billion Taiwanese Dollars)