Formosa Chemicals & Fibre stock: October revenue jumps 61.8%
Published on 11/13/2026 at 01:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSFCFC earnings and expansion
- October revenue increased sharply as higher prices and sales volumes supported petrochemical sales.
- Third-quarter profit benefited from improved margins despite weaker downstream demand.
- FCFC is also moving into renewable energy while continuing to finance affiliates within the Formosa Plastics Group.
Formosa Chemicals & Fibre Corp. reported a strong October sales performance on November 9, with consolidated revenue up 61.8 percent year over year to TWD 35.83 billion, according to Siphtor. The report attributed the increase mainly to higher selling prices and a 7.3 percent rise in sales volume.
Profit and margins improve
Third-quarter net profit reached TWD 18.59 billion. The result reflected stronger petrochemical demand and improved margins, although downstream markets remained under pressure and customers resisted some price increases.
The company also disclosed loans totaling TWD 34.35 billion to affiliated companies for working capital. The financing involved companies including Taiwan Plastics, Nan Ya Plastics and Formosa Petrochemical, highlighting the financial links within the Formosa Plastics Group.
Renewable energy adds a new leg
FCFC plans to invest TWD 1.33 billion to establish Taihua Max Electric Renewable Energy Co. The move broadens the portfolio beyond traditional petrochemicals and plastics, but its financial contribution will depend on the pace of development and the returns generated by the new venture.
Products span chemicals and fibers
FCFC manufactures petrochemical raw materials such as benzene, paraxylene, styrene monomer, phenol and acetone. Its product range also includes polypropylene, polycarbonate, polystyrene, ABS and ASA resins, as well as rayon, nylon, textile yarns and industrial fibers, according to the company's corporate website.
Formosa Chemicals & Fibre at a glance
- Company: Formosa Chemicals & Fibre Corporation
- ISIN: TW0001326007
- Ticker: 1326.TW
- Market: Taiwan Stock Exchange
- Business: Petrochemicals, plastics, synthetic fibers and related materials
Taiwan's chemical sector remains sensitive to feedstock prices, regional capacity and demand from China and other Asian markets. Current market reports provide the broader TAIEX context.
