Formosa Plastics Corporation

1301

TW0001301000

Commodity Chemicals

End-of-day quote Taiwan S.E. Other stock markets 03:30:00 26/06/2024 am IST			5-day change	1st Jan Change
57.2 ^TWD	-2.05%		-5.45%	-27.78%

24/06	Formosa Plastics Corporation(TWSE:1301) dropped from S&P Global 1200	CI
24/06	Formosa Plastics Corporation(TWSE:1301) dropped from S&P International 700	CI

Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of May 2024

June 07, 2024 at 11:02 am IST

Formosa Plastics Corporation reported consolidated sales results for the month of May 2024. For the month, company reported the consolidated sales of TWD 17.39 billion in May 2024 increased by TWD 1.04 billion and was up by 6.4% from May 2023.

Latest news about Formosa Plastics Corporation

Formosa Plastics Corporation(TWSE:1301) dropped from S&P Global 1200	24/06	CI
Formosa Plastics Corporation(TWSE:1301) dropped from S&P International 700	24/06	CI
Formosa Plastics Corporation Announces Change of the Sustainable Development Committee Members	20/06	CI
Formosa Plastics Corporation Announces Change of Audit Committee Members	20/06	CI
Formosa Plastics Corporation Announces Change of the Remuneration Committee Members	20/06	CI
Formosa Plastics Corporation Announces Change of Chairman	20/06	CI
Formosa Plastics Corporation Announces Change of Directors	20/06	CI
Formosa Plastics Corporation Announces Cash Dividend, Payable on August 21, 2024	20/06	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of May 2024	07/06	CI
Formosa Plastics Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	08/05	CI
Formosa Tokuyama Advanced Chemicals Co., Ltd. announced that it expects to receive TWD 572.0405 million in funding from Formosa Plastics Corporation	08/05	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of April 2024	07/05	CI
Formosa Smart Energy Tech Corp. announced that it expects to receive TWD 2.5 billion in funding from Formosa Plastics Corporation	03/05	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of March 2024	10/04	CI
Formosa Plastics Corporation Approves for the Amount of Loaning Funds	07/03	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of February 2024	07/03	CI
Formosa Plastics Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	07/03	CI
Formosa Plastics Corporation Proposes Cash Dividend for the Year Ended December 31, 2023	06/03	CI
Sky Dragon Investment Group Limited announced that it expects to receive $530 million in funding from Formosa Plastics Corporation	06/03	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of January 2024	07/02	CI
Formosa Plastics Corporation agreed to acquire 50% stake in Taiwan Tokuyama Corp. from Tokuyama Corporation.	23/01	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of December 2023	10/01	CI
Formosa Plastics Corporation Reports Consolidated Sales Results for the Month of November 2023	07/12	CI
Formosa Plastics Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	10/11	CI
Formosa Plastics Corporation Announces Consolidated Sales Results for the Month of September 2023	11/23/11	CI

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Company Profile

Formosa Plastics Corp is a Taiwan-based company mainly engaged in the manufacture and sales of chemical products. The Company operates through eight divisions. The Plastic division provides polyvinyl chloride (PVC) powders and liquid soda. The Polyolefin division provides high-density polyethylene, ethylene vinyl acetate copolymers, low-density polyethylene and linear low-density polyethylene. The Polypropylene division provides polypropylene products. The Taililang division provides acrylic staple fibers, acrylic ester and carbon fibers. The Chemicals division provides acrylonitrile, methyl tert-butyl ether, methacrylic ester and epoxy chloropropane. The Calcium Carbide division provides calcium carbonates and calcium carbides. The Public Work division provides water, electricity and steam. The Electronic Materials division provides distributed control systems (DCSs).

Sector

Commodity Chemicals

Calendar

08/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Formosa Plastics Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

58.4 TWD

Average target price

70.2 TWD

Spread / Average Target

+20.21%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

Company calendar

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Plastics