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:
Asahi Rubber Incorporated
sales of 6.51 billion Japanese Yen [US$58.73 million]
of which 82%
was Industrial Rubber Business),
Fuji Latex Co., Ltd.
(7.23 billion Japanese Yen [US$65.22 million]
of which 63%
was Precision Equipment Business), and
Dong Phu Rubber JSC
based in Vietnam
(1.07 trillion Dong [US$46.97 million]
Formosan Rubber Group Incorporated reported sales of 1.73 billion Taiwanese Dollars (US$57.78 million)
December of 2017.
a very small
increase of 1.1%
versus 2016, when the company's sales were 1.71 billion Taiwanese Dollars.
Despite this increase, sales are still
below the level achieved in 2015, when Formosan Rubber Group Incorporated
reported sales of 2.29 billion Taiwanese Dollars.
Sales of Construction Division saw an increase
that was more than double the company's growth rate: sales were up
30.4% in 2017, from
240.54 million Taiwanese Dollars to 313.55 million Taiwanese Dollars.
Formosan Rubber Group Incorporated also saw significant increases in sales in
Storage (up 2.9% to 214.27 million Taiwanese Dollars)
Not all segments of Formosan Rubber Group Incorporated experienced an increase in sales in 2017:
sales of Other fell 15.5% to 19.75 million Taiwanese Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).
Formosan Rubber Group Incorporated also experienced decreases in sales in
Rubber Division (down 4.6% to 1.18 billion Taiwanese Dollars)