Formosa Petrochemical Corporation

Equities

6505

TW0006505001

Oil & Gas Refining and Marketing

End-of-day quote Taiwan S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
71.2 ^TWD	-1.11%		+2.74%	-11.77%

Apr. 10	Formosa Petrochemical Corp. Announces Consolidated Operating Revenue for the Month Ended March 2024	CI
Apr. 03	Taiwan's FPCC shuts Mailiao refinery port after quake, sources say	RE

Formosa Petrochemical Corporation Reports Earnings Results for the Full Year Ended December 31, 2022

February 24, 2023 at 03:56 am EST

Formosa Petrochemical Corporation reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was TWD 848,048.5 million compared to TWD 620,062.33 million a year ago. Net income was TWD 14,421.56 million compared to TWD 49,401.4 million a year ago.

Basic earnings per share from continuing operations was TWD 1.76 compared to TWD 6.35 a year ago. Diluted earnings per share from continuing operations was TWD 1.76 compared to TWD 6.35 a year ago.

Latest news about Formosa Petrochemical Corporation

Formosa Petrochemical Corp. Announces Consolidated Operating Revenue for the Month Ended March 2024	Apr. 10	CI
Taiwan's FPCC shuts Mailiao refinery port after quake, sources say	Apr. 02	RE
February 2024 Formosa Petrochemical Corp. Announces Consolidated Operating Revenue for the Month Ended February 2024	Mar. 07	CI
Formosa Petrochemical Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 29	CI
Formosa Petrochemical Corporation Proposes Cash Dividend for the Year Ended December 31, 2023	Feb. 29	CI
Formosa Petrochemical Corporation Reports Consolidated Revenue Results for the Month of January 2024	Feb. 07	CI
Tainan Environmental Protection Bureau Impose Penalty of TWD 3 Million on Formosa Petrochemical Corporation	Jan. 19	CI
Formosa Petrochemical Corporation Reports Consolidated Operating Revenue Results for the Month Ended December 2023	Jan. 10	CI
Formosa Petrochemical Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 02	CI
Tainan Environmental Protection Bureau Imposes TWD 3 Million Penalty on Formosa Petrochemical Corporation	23-10-23	CI
Taiwan's FPCC starts spot sales for October-loading gasoil	23-09-12	RE
Formosa Petrochemical Corporation Reports Consolidated Revenue Results for the Month of August 2023	23-09-07	CI
Asia's refiners face profit crunch as Kuwait cuts crude exports	23-08-18	RE
Formosa Petrochemical Corp. Announces New Loan	23-08-10	CI
Formosa Petrochemical Corporation Reports Consolidated Operating Revenue Results for the Month of July 2023	23-08-08	CI
Formosa Petrochemical Corporation Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-03	CI
Tainan Environmental Protection Bureau Imposes TWD 3 Million Penalty on Formosa Petrochemical Corporation	23-07-18	CI
Formosa Plastics' Three Units Post Profit in Q2	23-07-12	MT
Formosa Petrochemical Corporation Reports Consolidated Operating Revenue Results for the Month of May 2023	23-06-07	CI
Formosa Petrochemical Corporation Approves Cash Dividend	23-05-25	CI
Formosa Petrochemical Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-03	CI
Taiwan's Formosa Petrochemical, CPC Keep Gasoline Prices Steady	23-05-02	MT
Asia petchem producers plan to switch to LPG after price slump	23-04-20	RE
Asian refiners to raise gasoline output, cut diesel to ease oversupply	23-04-16	RE
Formosa Petrochemical Corporation Reports Consolidated Operating Revenue Results for the Month of February 2023	23-03-07	CI

Chart Formosa Petrochemical Corporation

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Company Profile

Formosa Petrochemical Corp is a Taiwan-based company principally engaged in the refining and distribution of oil products. The Companyâs principal products include oil products, such as naphtha, gasoline, diesel, jet fuel, kerosene, fuel oil and liquefied petroleum gas (LPG); petrochemical basic materials, such as ethylene, propylene and butadiene; utility products, such as power generation equipment and steam, as well as basic oil products. In addition, the Company is also involved in the storage of oil products and petrochemical materials, as well as the loading and unloading of port cargos.

Sector

Oil & Gas Refining and Marketing

Calendar

2024-05-02 - Q1 2024 Earnings Release

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Ratings for Formosa Petrochemical Corporation

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ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

71.2 TWD

Average target price

80.88 TWD

Spread / Average Target

+13.59%

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Quarterly earnings - Rate of surprise

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Sector Other Oil & Gas Refining and Marketing

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