)
Formosa Plastics (1301) investor relations material
Formosa Plastics Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Net sales for Q1 2026 were NT$42 billion, down 11.1% year-over-year due to lower ASP and reduced sales volume in key products.
Revenue increased 2.1% sequentially from Q4 2025, driven by higher sales volume in PVC, HDPE, LLDPE, EVA, NBA, and MTBE, and higher ASP for most products except Caustic Soda.
Net income for Q1 2026 was NT$3,269 million, a significant increase from NT$50 million in Q1 2025, driven by strong equity method investment gains and improved non-operating income.
Total comprehensive income for Q1 2026 reached NT$30,178 million, up from NT$4,461 million in Q1 2025, mainly due to substantial other comprehensive income from equity investments.
Pre-tax income improved in Q1 2026 compared to Q4 2025, mainly from increased investment income from FPCC.
Financial highlights
Q1 2026 net sales: NT$42 billion; Q1 2025 net sales: NT$47 billion.
Q1 2026 consolidated revenue: NT$41,985 million, up from NT$41,104 million in Q4 2025.
Pre-tax income in Q1 2026: NT$111 million, a recovery from a loss of NT$6,871 million in Q4 2025.
Gross profit for Q1 2026 was NT$1,555 million (4% margin), down from NT$2,460 million (5% margin) in Q1 2025.
Basic and diluted EPS for Q1 2026 were NT$0.51, compared to NT$0.01 in Q1 2025.
Segment performance
PVC contributed 20% of revenue in both Q1 2026 and Q1 2025.
PE (HDPE/EVA/LLDPE) share increased to 23% in Q1 2026 from 18% in Q1 2025.
Specialty Chemicals (AN/MMA/MTBE) accounted for 9% of revenue in both periods.
Caustic Soda and AE were the main profit contributors in Q1 2026.
All major divisions reported lower revenues year-over-year, but segment profit improved to NT$4,815 million from NT$125 million in Q1 2025.
- Q1 2024 saw steep declines in revenue and profit, with a total comprehensive loss of NT$3.61 billion.1301
Q1 20241 Jun 2026 - Net income fell 55% year-over-year to NT$1.59 billion on lower revenue but improved gross margin.1301
Q2 20241 Jun 2026 - Net loss of NT$1.5 billion on NT$149.7 billion revenue, with broad segment profit declines.1301
Q3 20241 Jun 2026 - Q1 2024 saw significant declines in revenue and profit, with a comprehensive loss of NT$3.61 billion.1301
Q4 20241 Jun 2026 - Net income fell sharply in Q1 2025, but comprehensive income rebounded on strong OCI.1301
Q1 20251 Jun 2026 - Net loss of NT$6.58 billion in H1 2025 amid revenue decline and operating losses across segments.1301
Q2 202529 May 2026 - Net loss widened to NT$7.18B on lower revenue and margins, with broad segment declines.1301
Q3 202529 May 2026 - Net loss widened to NT$10.05B on lower revenue and non-operating losses, despite improved leverage.1301
Q4 202529 May 2026
Next Formosa Plastics earnings date
Next Formosa Plastics earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)