Formosa Petrochemical Corporation operates in the Petroleum refining sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Petrochemical with three other
petroleum refiners in Asia:
Top Frontier Investment Holdings Inc
sales of 725.78 billion Philippine Peso [US$14.96 billion]
of which 39%
was Fuel and Oil),
of KOREA (SOUTH)
(16.83 trillion Korean Won [US$14.83 billion]
of which 75%
was Refining Segment), and
San Miguel Corporation
based in PHILIPPINES
(725.80 billion Philippine Peso [US$14.96 billion]
of which 39%
was Fuel and Oil).
During the first
quarter of 2021, sales at Formosa Petrochemical totalled
130.30 billion Taiwanese Dollars .
This is a drop of 5.3%
from the 137.53 billion Taiwanese Dollars in sales at the company during the first quarter in 2020.
During the previous 9 quarters, sales at Formosa Petrochemical have fallen vis-à-vis the same quarter in the previous year.
Formosa Petrochemical reported sales of 415.28 billion Taiwanese Dollars (US$14.94 billion)
December of 2020.
decrease of 35.7%
versus 2019, when the company's sales were 646.02 billion Taiwanese Dollars .
Contributing to the drop in overall sales was the 37.8% decline
in Petrochemical Manufacturing, from 589.55 billion Taiwanese Dollars to 366.70 billion Taiwanese Dollars .
There were also decreases in sales in
Public Utility (down 11.7% to 34.03 billion Taiwanese Dollars )
Other Department (down 18.9% to 14.55 billion Taiwanese Dollars )