Consolidated sales of four FPG entities rose last month on higher crude prices - News Summed Up

Consolidated sales of four FPG entities rose last month on higher crude prices


Formosa Plastics Group’s naphtha cracker complex in Yunlin County’s Mailiao Township is pictured in an undated photograph. Formosa Petrochemical last month posted NT$52.93 billion in consolidated sales, up 106.1 percent from a year earlier and up 13.7 percent from a month earlier. Nan Ya Plastics posted NT$34.49 billion in consolidated sales, up 77.6 percent from a year earlier, but down 1.2 percent from a month earlier. Formosa Chemicals & Fibre posted NT$32.14 billion in consolidated sales, up 78.4 percent from a year earlier, but down 2.8 percent from a month earlier. In the first five months of this year, the four companies posted a combined NT$647.54 billion in consolidated sales, up 40.3 percent from a year earlier, FPG data showed.


Source: Taipei Times June 07, 2021 15:56 UTC



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