Formosa Plastics Corporation

1301

TW0001301000

Commodity Chemicals

End-of-day quote Taiwan S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
67.7 ^TWD	-0.29%		+0.89%	-14.52%

Apr. 10	Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of March 2024	CI
Mar. 07	Formosa Plastics Corporation Approves for the Amount of Loaning Funds	CI

Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of February 2024

March 07, 2024 at 12:32 am EST

Formosa Plastics Corporation reported consolidated sales results for the month of February 2024. The consolidated sales of TWD 12.93 billion in February 2024 decreased by TWD 4.58 billion and was down by 26.2% from January 2024 mainly due to the declined sales spread of volume.

Latest news about Formosa Plastics Corporation

Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of March 2024	Apr. 10	CI
Formosa Plastics Corporation Approves for the Amount of Loaning Funds	Mar. 07	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of February 2024	Mar. 07	CI
Formosa Plastics Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 06	CI
Formosa Plastics Corporation Proposes Cash Dividend for the Year Ended December 31, 2023	Mar. 06	CI
Sky Dragon Investment Group Limited announced that it expects to receive $530 million in funding from Formosa Plastics Corporation	Mar. 05	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of January 2024	Feb. 07	CI
Formosa Plastics Corporation agreed to acquire 50% stake in Taiwan Tokuyama Corp. from Tokuyama Corporation.	Jan. 22	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of December 2023	Jan. 10	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of November 2023	Dec. 07	CI
Formosa Plastics Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 09	CI
Formosa Plastics Corporation Announces Consolidated Sales Results for the Month of September 2023	23-10-11	CI
Formosa Plastics Corporation Provides Consolidated Results of Sales for the Month of August 2023	23-09-07	CI
Fortescue's Iron Ore CEO Departs; Annual Profit Falls -- Update	23-08-27	DJ
Fortescue Annual Profit Fell 23% on Project Write-Down	23-08-27	DJ
Formosa Plastics Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-10	CI
Formosa Plastics' Three Units Post Profit in Q2	23-07-12	MT
Formosa Plastics Corporation Reports Consolidated Sales of June 2023	23-07-10	CI
Formosa Plastics Corporation Announces Cash Dividend, Payable on July 26, 2023	23-05-30	CI
Formosa Plastics Corporation Announces Demise of C.T. Lee, Director	23-05-22	CI
Formosa Plastics Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for March 2023	23-04-11	CI
Formosa Plastics Corporation Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-13	CI
Formosa Plastics Corporation Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-13	CI
Formosa Plastics Corporation Corporation Announces President Changes	23-03-10	CI

Chart Formosa Plastics Corporation

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Company Profile

Formosa Plastics Corp is a Taiwan-based company mainly engaged in the manufacture and sales of chemical products. The Company operates through eight divisions. The Plastic division provides polyvinyl chloride (PVC) powders and liquid soda. The Polyolefin division provides high-density polyethylene, ethylene vinyl acetate copolymers, low-density polyethylene and linear low-density polyethylene. The Polypropylene division provides polypropylene products. The Taililang division provides acrylic staple fibers, acrylic ester and carbon fibers. The Chemicals division provides acrylonitrile, methyl tert-butyl ether, methacrylic ester and epoxy chloropropane. The Calcium Carbide division provides calcium carbonates and calcium carbides. The Public Work division provides water, electricity and steam. The Electronic Materials division provides distributed control systems (DCSs).

Sector

Commodity Chemicals

Calendar

2024-06-19 - Shareholders Meeting

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Ratings for Formosa Plastics Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

67.7 TWD

Average target price

72.78 TWD

Spread / Average Target

+7.50%

Consensus

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Estimates Revisions

Quarterly earnings - Rate of surprise

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Plastics