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Formosa Chemicals & Fibre Reports 31.7% YoY Revenue Growth in August
Process Industries · Chemicals: Major Diversified · cnyes · 2026-09-08
1326
Formosa Chemicals & Fibre (1326) announced August revenue of NT$30.56 billion, outperforming the plastics industry index despite a slight monthly decline.
What Happened
Revenue Performance: Formosa Chemicals & Fibre (1326) reported August 2026 revenue of NT$30.56 billion, a 31.7% increase compared to the same period last year. While monthly revenue saw a slight decline of 2.27%, the year-on-year growth remains robust.
Cumulative Results: Cumulative revenue for the first eight months of the year reached NT$230.73 billion, reflecting a year-to-date increase of 15.97%. This indicates steady sales performance across the company's petrochemical and synthetic fiber segments.
Market Activity: The stock is currently trading at NT$70.6, up 2.2% over the past five trading days. This performance is significantly stronger than the plastics industry index, which experienced a decline of 4.48% during the same period.
Business Overview: The company specializes in the production and sale of petrochemical products, including PTA, polypropylene, ABS, and synthetic fibers. Its diverse product portfolio spans both raw petrochemical materials and textile processing.