Stellar December revenues for Formosa Plastics Group
By Ted Chen, The China PostTAIPEI, Taiwan -- The four arms of the Formosa Plastics Group (FPG, 台塑集團) yesterday announced stellar revenues for December of last year.
January 9, 2014, 12:00 am TWN
Among the four arms of the conglomerate, the Formosa Petrochemical Co. (台塑石化) recorded a 10.9 percent improvement on a month-on-month basis, while Formosa Plastics Co. (台塑) revenues gained 28.6 percent year-on-year.
Overall, FPG accumulated revenues of NT$171.191 billion, up 8.1 percent month-on-month, while improving 14.2 percent year-on-year. Over the course of last year, FPG garnered revenues of NT$1.9018 trillion, up 6.6 percent year-on-year.
In December last year, revenues for Formosa Plastics Co. sat at NT$19.882 billion, up 7.4 percent month-on-month, improving 28.6 percent year-on-year, while recording revenues of NT$215.425 billion throughout 2013, gaining 9.4 percent year-on-year.
In the last month of 2013, Nan Ya Plastics Co. (南亞) recorded revenues of NT$27.569 billion, up 4.4 percent month-on-month, improving 9.5 percent year-on-year, while recording revenues of NT$311.04 billion throughout 2013, gaining 3.4 percent year-on-year.
The Formosa Chemicals & Fibre Co. (台化) last December recorded revenues of NT$39.142 billion, up 4.8 percent month-on-month, improving 11.3 percent year-on-year, while recording revenues of NT$444.003 billion, gaining 13.4 percent year-on-year.
The Formosa Petrochemical Co. last December recorded revenues of NT$89.598 billion, gaining 10.9 percent month-on-month, and 14.1 percent year-on-year, while accumulating revenues of NT$931.334 billion throughout the course of 2013, up 4.1 percent year-on-year.