Taiwan’s FPCC April revenue rises 10%; petrochemical sales dip 4%

03 May 2012 09:27  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) reported on Thursday a 10% year-on-year increase in its overall April revenues to New Taiwan dollar (NT$) 86.2bn ($2.95bn) despite a 4% fall in petrochemical sales.

Its petrochemical sales totalled NT$24.7bn last month, down from NT$25.8bn in the same period in 2011, according to data posted on the company’s website.

FPCC’s sales of naphtha, meanwhile, surged by 59% to NT$12.4bn in April, it said.

For the first four months of 2012, FPCC’s overall sales rose by 3.5% year on year to NT$316bn, the company added.

($1 = NT$29.2)

By: Nurluqman Suratman

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