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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
Revenue for Q1 2024 was NT$41.99 billion, down 11% year-over-year, with net income of NT$3.27 billion, a significant increase from NT$50 million in Q1 2023.
Gross margin improved to 4% from 5% year-over-year, while operating loss narrowed to NT$1.3 billion from NT$0.89 billion.
Comprehensive income surged to NT$30.18 billion, mainly due to strong equity method investment gains and other comprehensive income.
Financial highlights
Operating cash flow turned positive at NT$1.18 billion, compared to an outflow of NT$107 million in Q1 2023.
Equity method investment income reached NT$5.05 billion, up from NT$1.54 billion year-over-year.
Basic and diluted EPS were NT$0.51, up from NT$0.01 in Q1 2023.
Total assets increased to NT$593.53 billion from NT$505.92 billion year-over-year.
Cash and equivalents at quarter-end were NT$10.20 billion.
Outlook and guidance
Management expects continued improvement in profitability, supported by robust equity investment returns and stable core operations.
No significant seasonality or cyclicality is expected due to diversified product lines.
- 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
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