05 April 2012 07:37 [Source: ICIS news]
SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) on Thursday reported a 11% year-on-year rise in its overall revenues in March to New Taiwan dollar (NT$) 87.3bn ($2.96bn), with petrochemical sales up by 5.8% after declining for three straight months.
On a year-on-year basis, FPCC’s sales of petrochemicals fell by 4.8% and 11.5% in February and January 2012 respectively, while revenues from the business fell by 15.4% in December 2011, it said.
For the first three months of 2012, FPCC’s overall sales rose by 11% year on year to NT$229.8bn, the company added.
($1 = NT$29.5)
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