Taiwan’s Formosa Petrochemical March sales fall 11.6%

09 April 2013 03:56  [Source: ICIS news]

SINGAPORE (ICIS)--Taiwan’s Formosa Petrochemical Corp (FPCC) posted an 11.6 % year-on-year decline in its March revenues at New Taiwan dollars (NT$) 77.3bn ($2.6bn), a company spokesperson said on Tuesday.

For the first three months of the year, the company’s sales totalled NT$247.8bn, up by 7.83% compared with the same period last year, according to data posted on FPCC’s website.

Sales breakdown was not provided for the month.

This is the first time since August 2012 that the company's monthly sales numbers fell on a year-on-year basis, according to the data.

($1 = NT$30.03)

By: Pearl Bantillo
+65 6780 4359

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