Formosa Plastics Corporation

Taiwan Stock Exchange 1301.TW

Formosa Plastics Corporation EBIT for the year ending December 31, 2023: USD -137.90 M

Formosa Plastics Corporation EBIT is USD -137.90 M for the year ending December 31, 2023, a -109.43% change year over year. EBIT means earnings before interest and taxes, it is calculated as operating income plus non-operating income.
  • Formosa Plastics Corporation EBIT for the year ending December 31, 2022 was USD 1.46 B, a -35.95% change year over year.
  • Formosa Plastics Corporation EBIT for the year ending December 31, 2021 was USD 2.28 B, a 218.56% change year over year.
  • Formosa Plastics Corporation EBIT for the year ending December 31, 2020 was USD 716.76 M, a -50.80% change year over year.
  • Formosa Plastics Corporation EBIT for the year ending December 31, 2019 was USD 1.46 B, a 75.80% change year over year.
Key data
Date EBIT EBITDA Net Income EPS (Diluted)
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Taiwan Stock Exchange: 1301.TW

Formosa Plastics Corporation

CEO Mr. Wen-Bee Kuo
IPO Date Jan. 4, 2000
Location Taiwan
Headquarters No. 100, Shuiguan Rd.
Employees 7,437
Sector Materials
Industries
Description

Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. Its plastic products include PVC, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and compound rubber particles. The company also provides chemicals, such as liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether, acrylate, superabsorbent resin, and n-butanol. In addition, it offers carbon fibers; process computer DCS systems, warehouse logistics control systems, real-time production management systems, safety control systems, and laboratories information management systems; and other products, including dye-sensitized batteries, processing aids, impact modifiers, haibo, chlorinated solvents, purified hydrogen, lithium-ion battery electrolytes, lime, calcium carbonate powder, and hydrochloric acid, as well as antibacterial products. The company provides its products for use in various applications, such as daily necessities, outdoor sports, mechanical engineering, building materials coatings, 3C home appliances, civil and agricultural livestock, and other applications. Formosa Plastics Corporation was incorporated in 1954 and is headquartered in Kaohsiung, Taiwan.

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StockViz Staff

January 15, 2025

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