Formosa Chemicals & Fibre (1326) Q1 2026 earnings summary

Executive summary

• Revenue for Q1 115 was NT$81.75 billion, up 3.6% year-over-year; net income was NT$6.53 billion, a significant turnaround from a net loss of NT$389 million in Q1 114.

• EPS for Q1 115 was NT$1.07, compared to a loss of NT$0.08 per share in Q1 114.

• Comprehensive income for Q1 115 reached NT$33.91 billion, up from NT$4.44 billion in Q1 114.

Financial highlights

• Gross margin improved to 8% in Q1 115 from 4% in Q1 114.

• Operating profit was NT$3.12 billion, compared to an operating loss of NT$447 million in Q1 114.

• Equity-method investment income contributed NT$4.23 billion in Q1 115.

• Cash and equivalents at quarter-end were NT$16.8 billion.

• Total assets increased to NT$581.2 billion, up from NT$501.9 billion a year ago.

Outlook and guidance

• The board proposed a cash dividend of NT$0.60 per share for FY114.

• The group maintains a stable capital structure and targets a debt-to-capital ratio of 22%.