Far Eastern New Century Corporation

1402

TW0001402006

Consumer Goods Conglomerates

End-of-day quote Taiwan S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
32.05 ^TWD	-0.31%		+2.89%	+2.72%

Mar. 15	Far Eastern New Century Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Far Eastern New Century Corporation Announces Executive Changes	CI

Far Eastern New Century Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023

May 15, 2023 at 04:26 am EDT

Far Eastern New Century Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 44,596.37 million compared to TWD 47,143.22 million a year ago. Revenue was TWD 61,539.15 million compared to TWD 63,384.25 million a year ago.

Net income was TWD 1,460.93 million compared to TWD 2,752.16 million a year ago. Basic earnings per share from continuing operations was TWD 0.29 compared to TWD 0.55 a year ago. Diluted earnings per share from continuing operations was TWD 0.29 compared to TWD 0.55 a year ago.

Latest news about Far Eastern New Century Corporation

Far Eastern New Century Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 15	CI
Far Eastern New Century Corporation Announces Executive Changes	Dec. 01	CI
Far Eastern New Century Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 14	CI
Far Eastern New Century Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-14	CI
Far Eastern New Century Corporation Appoints J. P. Pan as Chief Strategy Officer	23-07-12	CI
Far Eastern New Century Corporation Approves Cash Dividend for the Year 2022, Payable on August 11, 2023	23-06-28	CI
Far Eastern New Century Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Far Eastern New Century Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-11-14	CI
Far Eastern New Century Corporation Appoints Alan Tsai as Chief Information Security Officer	22-11-09	CI
Air Liquide's Taiwan Joint Venture to Invest EUR500 Million in Plants for Chip Sector	22-10-19	DJ
Far Eastern Century Lists Sustainability-Linked Bond on Taipei Exchange	22-09-16	MT
Far Eastern New Century Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-15	CI
Far Eastern New Century Corporation Approves Dividend for the Year 2021, Payable on August 24, 2022	22-06-30	CI
Far Eastern New Century Corporation Reports Earnings Results for the First Quarter Ended March 31, 2022	22-05-16	CI
Far Eastern New Century Corporation Reports Earnings Results for the Full Year Ended December 31, 2021	22-03-31	CI
Choose a side, China tells Taiwan firms as it punishes conglomerate	21-11-22	RE
Far Eastern New Century Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021	21-11-14	CI
Far Eastern New Century Corporation Resolves to Approve the Change of Its Chief Auditor	21-11-11	CI
Far Eastern New Century Corporation Reports Earnings Results for the Second Quarter Ended June 30, 2021	21-08-16	CI
Far Eastern New Century Corporation Appoints Eric Chueh as New Chief Operating Officer, Effective August 1, 2021	21-07-29	CI
Far Eastern New Century Corporation Announces Management Changes	21-07-29	CI
Far Eastern New Century Corporation Announces Director Changes	21-07-29	CI
Far Eastern New Century Corporation Approves Dividend for 2020	21-07-29	CI
Far Eastern New Century Corporation Approves Cash Dividend for the Year 2020, Payable on 26 August 2021	21-07-14	CI
Far Eastern New Century Corporation Reports Earnings Results for the First Quarter Ended March 31, 2021	21-05-16	CI

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Company Profile

Far Eastern New Century Corp is a Taiwan-based company principally engaged in telecommunication businesses and chemical fiber products businesses. The Company operates through six segments. Petrochemical segment is mainly engaged in the manufacture and sales of purified terephthalic acid (PTA). Chemical Fiber segment manufactures and sells polyester chips, polyester cotton, polyester yarn, polyester thin film, polyester film, polyester preform, nylon yarn and other products. Textile segment manufactures and sells various natural, man-made, synthetic fiber gauze, blended gauze and finished cloth, processed yarn, silk, cloth and others. Mobile Services segment provides personal mobile services, fixed communications, new economy, professional telecommunications integration and other services. Real Estate Development segment develops commercial properties, residential buildings, public buildings and bridges, among others. Investment and Other segment is engaged in investment business.

Sector

Consumer Goods Conglomerates

Calendar

2024-05-08 - Q1 2024 Earnings Release (Projected)

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Ratings for Far Eastern New Century 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

32.05 TWD

Average target price

32.67 TWD

Spread / Average Target

+1.92%

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Quarterly earnings - Rate of surprise

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