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Formosa Petrochemical's H1 net profit up 36%

August 25/2010

(China Knowledge) -- Formosa Petrochemical Corp, the largest petrochemical conglomerate in Taiwan, announced yesterday that its net profit for the first half of this year was NT$21.21 billion, up 36% from the NT$15.56 billion it earned in the same period of last year.

 

In a statement filed with the Taiwan Stock Exchange, the firm said that earnings per share during the period from January to June were NT$2.23, up from NT$1.63 in the same period of last year.

 

In the six-month ended on Jun. 30, revenue was NT$410.46 billion, said the firm. But it did not give the comparable figure for the same period of last year.

 

Formosa Petrochemical realized NT$10.97 billion in net profit for the first quarter of this year.

 

mrcplast.com

Formosa Petrochemical's H1 net profit up 36%

MRC Reference

  Formosa

The share in the Russian market in 2008:
 PVC-S Ц 3.0%;

 PP Ц 0.4%.

Annual growth sales in Russia :
 PVC Ц 79 % (over the last year) ;

 PP Ц 272 % (over the last 3 years).

Supply by processing technologies:
 profile extrusion

 film extrusion


 

 

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