Far Eastern New Century Corporation

1402

TW0001402006

Consumer Goods Conglomerates

End-of-day quote Taiwan S.E. Other stock markets 06:00:00 2024-04-28 pm EDT			5-day change	1st Jan Change
33.1 ^TWD	+3.28%		+2.16%	+6.09%

Mar. 15	Far Eastern New Century Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Far Eastern New Century Corporation Announces Executive Changes	CI

Participate CLSA conference call (Date: 2023/3/22)

March 21, 2023 at 04:31 am EDT

IR Publication

Mar 2023

Far Eastern New Century (TWSE: 1402)

A constituent of the MSCI ESG Leaders Indexes, FTSE4Good Emerging Index & TWSE CG 100 Index

Contents

Company Overview

Production Business

Property Development Business

Investment Business

Financials

ESG & Recent Achievements

Appendix

FENC's Three Key Businesses

Established 1954 / 32,736 employees

Strategic summary	Asset allocation	Consolidated revenue
(FENC has a consistent dividend policy)	(12/31/2022: NT$ 658 B)	(2022: NT$ 264 B )

Book value per share: NT$ 39.0

Production

Transformation

Go green	Local to local	Empower	33%	62%

(Sustainability)	(Regionalization)	possibilities
		(R & D)

Property

Development & Monetization

26%

Office buildings Residential products

(Lease)(Sell)

Investments

Stable

Investment Income

41%36%

Holding company of the FE Group

Net Zero by 2050

FENC's GHG Emissions Target

Reducing GHG emissions through energy efficiency, alternative fossil fuels,

renewable energy, raw material transformation and

CCUS (carbon capture, utilization and storage) technology.

GHG emissions

(Scopes 1 & 2)

2,432 ktCO2e	- 20%
2020
- 40%
Base Year
	2025

2030

Source:FENC 2021 Sustainability Report

Net Zero

2050

Contents

Company Overview

Production Business

Property Development Business

Investment Business

Financials

ESG & Recent Achievements

Appendix

Attachments

Original Link
Original Document
Permalink

Disclaimer

Far Eastern New Century Corporation published this content on 21 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 March 2023 08:30:05 UTC.

Latest news about Far Eastern New Century Corporation

Far Eastern New Century Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 15	CI
Far Eastern New Century Corporation Announces Executive Changes	Dec. 01	CI
Far Eastern New Century Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Far Eastern New Century Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
Far Eastern New Century Corporation Appoints J. P. Pan as Chief Strategy Officer	23-07-12	CI
Far Eastern New Century Corporation Approves Cash Dividend for the Year 2022, Payable on August 11, 2023	23-06-28	CI
Far Eastern New Century Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Far Eastern New Century Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-14	CI
Far Eastern New Century Corporation Appoints Alan Tsai as Chief Information Security Officer	22-11-09	CI
Air Liquide's Taiwan Joint Venture to Invest EUR500 Million in Plants for Chip Sector	22-10-19	DJ
Far Eastern Century Lists Sustainability-Linked Bond on Taipei Exchange	22-09-16	MT
Far Eastern New Century Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-15	CI
Far Eastern New Century Corporation Approves Dividend for the Year 2021, Payable on August 24, 2022	22-06-30	CI
Far Eastern New Century Corporation Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-16	CI
Far Eastern New Century Corporation Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-31	CI
Choose a side, China tells Taiwan firms as it punishes conglomerate	21-11-22	RE
Far Eastern New Century Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-14	CI
Far Eastern New Century Corporation Resolves to Approve the Change of Its Chief Auditor	21-11-11	CI
Far Eastern New Century Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-16	CI
Far Eastern New Century Corporation Appoints Eric Chueh as New Chief Operating Officer, Effective August 1, 2021	21-07-29	CI
Far Eastern New Century Corporation Announces Management Changes	21-07-29	CI
Far Eastern New Century Corporation Announces Director Changes	21-07-29	CI
Far Eastern New Century Corporation Approves Dividend for 2020	21-07-29	CI
Far Eastern New Century Corporation Approves Cash Dividend for the Year 2020, Payable on 26 August 2021	21-07-14	CI
Far Eastern New Century Corporation Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-16	CI

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Company Profile

Far Eastern New Century Corp is a Taiwan-based company principally engaged in telecommunication businesses and chemical fiber products businesses. The Company operates through six segments. Petrochemical segment is mainly engaged in the manufacture and sales of purified terephthalic acid (PTA). Chemical Fiber segment manufactures and sells polyester chips, polyester cotton, polyester yarn, polyester thin film, polyester film, polyester preform, nylon yarn and other products. Textile segment manufactures and sells various natural, man-made, synthetic fiber gauze, blended gauze and finished cloth, processed yarn, silk, cloth and others. Mobile Services segment provides personal mobile services, fixed communications, new economy, professional telecommunications integration and other services. Real Estate Development segment develops commercial properties, residential buildings, public buildings and bridges, among others. Investment and Other segment is engaged in investment business.

Sector

Consumer Goods Conglomerates

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

More about the company

Income Statement Evolution

More financial data

Ratings for Far Eastern New Century Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

33.1 TWD

Average target price

32.67 TWD

Spread / Average Target

-1.31%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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Consumer Goods Conglomerates

Far Eastern New Century Corporation

Equities

1402

TW0001402006

Consumer Goods Conglomerates

Participate CLSA conference call (Date: 2023/3/22)

EPS Revisions