Formosa Chemicals & Fibre Corporation operates in the Industrial organic chemicals sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Chemicals & Fibre with three other
chemical manufacturers in Asia:
Mitsui Chemicals Incorporated
sales of 1.48 trillion Japanese Yen [US$13.33 billion]
of which 48%
was Circuit Material),
Showa Denko Kabushiki Kaisha
(906.45 billion Japanese Yen [US$8.15 billion]
of which 27%
was Petrochemicals), and
Lotte Chemical Corp
based in KOREA (SOUTH)
(15.12 trillion Korean Won [US$12.27 billion]
of which 62%
Formosa Chemicals & Fibre reported sales of 315.50 billion Taiwanese Dollars (US$10.41 billion)
December of 2019.
decrease of 22.6%
versus 2018, when the company's sales were 407.86 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 54.3% decline
in First Chemical Division, from 58.35 billion Taiwanese Dollars to 26.69 billion Taiwanese Dollars .
There were also decreases in sales in
Plastics Division (down 15.2% to 100.16 billion Taiwanese Dollars )
Third Chemical Division and Taihuaxingye (down 11.0% to 62.91 billion Taiwanese Dollars )
Other (down 10.2% to 57.00 billion Taiwanese Dollars )
Second Chemical Division (down 31.9% to 41.71 billion Taiwanese Dollars )
Fu Mao Co. (down 0.6% to 27.04 billion Taiwanese Dollars )
However, these declines were partially offset by the increase in sales of
Fu Ke Co. (up 0.9% to 8.87 billion Taiwanese Dollars )