Formosa Oilseed Processing Company Limited operates in the Cottonseed oil mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Oilseed Processing Company Limited with three other
edible oil producers in Asia:
Jayant Agro-Organics Limited
sales of 25.08 billion Indian Rupees [US$341.78 million]
of which 68%
was Castor Oil),
United Plantations Berhad
(1.34 billion Malaysian Ringgits [US$325.50 million]
of which 63%
was Palm Oil Refining), and
Kadoya Sesame Mills Incorporated
based in JAPAN
(33.78 billion Japanese Yen [US$306.73 million]
of which 73%
was Sesame Oil Business).
During the first
quarter of 2021, sales at Formosa Oilseed Processing Company Limited totalled
3.10 billion Taiwanese Dollars .
an increase of 22.8%
from the 2.52 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 Oilseed Processing Company Limited in the previous 34 quarters.
There appears to be at least some degree of seasonality in the sales at Formosa Oilseed Processing Company Limited: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2013, when the
second quarter was the best quarter, accounting for
26% of sales (during that same year, the
fourth quarter accounted for 25% of sales).
Formosa Oilseed Processing Company Limited reported sales of 10.21 billion Taiwanese Dollars (US$369.22 million)
December of 2020.
decrease of 4.1%
versus 2019, when the company's sales were 10.65 billion Taiwanese Dollars .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Formosa Oilseed Processing Company Limited had sales
of 10.88 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 13.8% decline
in Animal Food Manufacturing, from 3.80 billion Taiwanese Dollars to 3.28 billion Taiwanese Dollars .
However, these declines were partially offset by the increase in sales of
Oilseed Department (up 1.3% to 4.09 billion Taiwanese Dollars )
Flour Manufacturing (up 0.8% to 2.69 billion Taiwanese Dollars )
Other Department (up 11.5% to 165.87 million Taiwanese Dollars )