Taiwan’s FPCC Oct revenue rises 19%; petrochemical sales grow 36%

06 November 2012 08:47  [Source: ICIS news]

SINGAPORE (ICIS)--Formosa Petrochemical Corp reported on Tuesday a 19% year -on -year rise in its October revenue to New Taiwan dollar (NT$) 82.8bn ($2.8bn) on the back of higher petrochemical sales.

Petrochemicals sales, which accounted for about 27% of the firm’s total revenue last month – were at NT$22bn, representing a 36.1% increase compared with the same period in 2011, according to data released on the company’s website.

For the first nine months of 2012, FPCC’s revenue grew by 9.9% year on year to NT$731.1bn, based on the data.

($1 = NT$29.3)

By: Surinder Malhi
+65 6780 4327

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