Earnings Alerts

Formosa Petrochemical (6505) Earnings: 1H Revenue Hits NT$341.81B, Net Income at NT$7.76B


  • Formosa Petro reported 1H revenue of NT$341.81 billion.
  • The company’s earnings per share (EPS) stood at NT$0.81.
  • Operating profit for the first half of the year was NT$4.38 billion.
  • Formosa Petro achieved a net income of NT$7.76 billion.
  • Analyst recommendations include: 2 buys, 9 holds, and 2 sells.



A look at Formosa Petrochemical Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Formosa Petrochemical Corp. stands favorably in the long-term outlook based on the Smartkarma Smart Scores. With strong scores in Value, Dividend, Resilience, and a solid overall performance in Growth and Momentum, the company appears well-positioned for stability and potential growth. As a key player in the refining and marketing of petroleum and petrochemical products, Formosa Petrochemical‘s business model demonstrates promise for sustained value creation and shareholder returns over the long run.

Formosa Petrochemical Corp. is a leading player in the oil refining and petrochemical industry, with a focus on producing a range of essential products including gasoline, diesel, jet fuel, and petrochemical derivatives. Additionally, with its ownership of utility centers and involvement in electricity generation, the company has diversified revenue streams and a resilient operational framework. The company’s solid Smartkarma Smart Scores, particularly in areas of Value, Dividend, and Resilience, underline its robust overall outlook and potential for long-term performance in a competitive market environment.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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