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    1301   TW0001301000

FORMOSA PLASTICS CORPORATION

(1301)
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Formosa Plastics : U.S. Army orders environmental review of Louisiana plastics project

08/18/2021 | 01:24pm EDT

Aug 18 (Reuters) - The U.S. Army on Wednesday ordered a full environmental review of a proposed Formosa Group plastics plant in St. James Parish, Louisiana.

The review will be conducted by the U.S. Army Corps of Engineers, according to a memo posted on the Twitter feed of the Assistant Secretary of the Army for Civil Works. (Reporting by Nichola Groom and Valerie Volcovici Editing by Chris Reese)


© Reuters 2021
All news about FORMOSA PLASTICS CORPORATION
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08/18FORMOSA PLASTICS : U.S. Army orders environmental review of Louisiana plastics project
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Analyst Recommendations on FORMOSA PLASTICS CORPORATION
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Financials
Sales 2021 261 B 9 369 M 9 369 M
Net income 2021 69 308 M 2 487 M 2 487 M
Net Debt 2021 33 346 M 1 196 M 1 196 M
P/E ratio 2021 10,3x
Yield 2021 7,05%
Capitalization 723 B 25 925 M 25 924 M
EV / Sales 2021 2,89x
EV / Sales 2022 2,97x
Nbr of Employees -
Free-Float 68,0%
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Technical analysis trends FORMOSA PLASTICS CORPORATION
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Income Statement Evolution
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Mean consensus BUY
Number of Analysts 11
Last Close Price 113,50 TWD
Average target price 135,82 TWD
Spread / Average Target 19,7%
EPS Revisions
Managers and Directors
Chien Nan Lin Chairman & General Manager
Chen Hsiao Lei Chief Financial Officer
Chi-Lin Wei Independent Executive Director
Ching Chi Wu Independent Director
Yen-Shiang Shih Independent Director
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