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Formosa Chemicals & Fibre Corporation Company Snapshot
Formosa Chemicals & Fibre Corporation operates in the Industrial organic chemicals sector. In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Chemicals & Fibre with three other chemical manufacturers in Asia: China Petroleum Engineering Corp of CHINA (2020 sales of 70.70 billion Chinese Renmimbi [US$11.05 billion] of which 41% was Oil and Gas Field Surface Engineering), Lotte Chemical Corp of KOREA (SOUTH) (12.22 trillion Korean Won [US$10.95 billion] of which 76% was Polymers), and Mitsui Chemicals Incorporated which is based in JAPAN (1.34 trillion Japanese Yen [US$12.20 billion] of which 46% was Circuit Material).

Sales Analysis. During the first quarter of 2021, sales at Formosa Chemicals & Fibre totalled 84.15 billion Taiwanese Dollars . This is an increase of 30.6% from the 64.44 billion Taiwanese Dollars in sales at the company during the first quarter of 2020. This was the biggest same quarter rise in sales at Formosa Chemicals & Fibre in the previous 34 quarters. Formosa Chemicals & Fibre reported sales of 253.29 billion Taiwanese Dollars (US$9.16 billion) for the year ending December of 2020. This represents a decrease of 19.7% versus 2019, when the company's sales were 315.50 billion Taiwanese Dollars . Contributing to the drop in overall sales was the 37.3% decline in Third Chemical Division and Taihuaxingye, from 62.91 billion Taiwanese Dollars to 39.43 billion Taiwanese Dollars . There were also decreases in sales in Plastics Division (down 10.8% to 89.31 billion Taiwanese Dollars ) and Other (down 22.5% to 44.17 billion Taiwanese Dollars ) and Second Chemical Division (down 10.3% to 37.42 billion Taiwanese Dollars ) and First Chemical Division (down 18.8% to 21.67 billion Taiwanese Dollars ) and Fu Mao Co. (down 21.1% to 21.32 billion Taiwanese Dollars ) .
   
   
 
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Formosa Chemicals & Fibre Corporation
  Stock Performance Chart for Formosa Chemicals & Fibre Corporation
 
  Stock Data: Recent Stock Performance:
  Current Price (6/11/2021): 85.80
(Figures in Taiwanese Dollars )
1 Week -2.2%   13 Weeks 3.5%  
4 Weeks -4.1%   52 Weeks 15.6%  
 
Formosa Chemicals & Fibre Corporation Key Data:
  Ticker: 1326 Country: Taiwan
  Exchanges: OTH Major Industry: Materials
    Sub Industry: Chemicals & Allied Products
  2020 Sales 253,294,668,000
(Year Ending Jan 2021).
Employees: 18,585
  Currency: Taiwanese Dollars Market Cap: 501,845,606,262
  Fiscal Yr Ends: December Shares Outstanding: 5,849,016,390
  Share Type: Gu Closely Held Shares: 2,502,198,000
 
 
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