Formosa Plastics Corporation operates in the Plastics materials and resins sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Formosa Plastics with three other
plastic manufacturers in Asia:
Wanhua Chemical Group Co Ltd
sales of 60.62 billion Chinese Renmimbi [US$8.65 billion]
of which 98%
was Chemical Industry),
Hanwha Chemical Corp
of South Korea
(9.05 trillion Korean Won [US$7.76 billion]
of which 44%
was Raw Materials Segment), and
UBE Industries Ltd
based in Japan
(695.57 billion Japanese Yen [US$6.38 billion]
of which 44%
was Chemicals Business).
Formosa Plastics reported sales of 230.37 billion Taiwanese Dollars (US$7.57 billion)
December of 2018.
increase of 11.4%
versus 2017, when the company's sales were 206.71 billion Taiwanese Dollars.
The sales level in 2018 was fairly close to the level five years ago: in 2013, Formosa Plastics had sales
of 215.42 billion Taiwanese Dollars.
Sales of Chemical saw an increase
that was more than double the company's growth rate: sales were up
25.4% in 2018, from
26.94 billion Taiwanese Dollars to 33.78 billion Taiwanese Dollars.
Formosa Plastics also saw significant increases in sales in
Taililang (up 21.4% to 33.92 billion Taiwanese Dollars)
Not all segments of Formosa Plastics experienced an increase in sales in 2018:
sales of Other Segment fell 3.8% to 3.25 billion Taiwanese Dollars.
(However, this segment's sales were only a very small portion of the company's overall sales).