Formosa Petrochemical Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was TWD 192,658.41 million compared to TWD 229,064.63 million a year ago. Net income was TWD 17,156.37 million compared to net loss of TWD 6,280.74 million a year ago. Basic earnings per share from continuing operations was TWD 1.81 compared to basic loss per share from continuing operations of TWD 0.66 a year ago.
For the nine months, sales was TWD 536,697.94 million compared to TWD 653,901.82 million a year ago. Net income was TWD 20,434.28 million compared to TWD 24,305.97 million a year ago. Basic earnings per share from continuing operations was TWD 2.15 compared to TWD 2.55 a year ago.