Formosa Plastics (1301) Q3 2025 earnings summary

Executive summary

• Report covers nine months ended September 30, 2025 and 2024, with KPMG providing a qualified review due to some unreviewed subsidiaries and equity investees.

• Revenue and profitability declined year-over-year, with net losses reported for both periods.

• Significant non-operating items and equity method losses impacted results.

Financial highlights

• Operating revenue for 9M25 was NT$134.3B, down from NT$149.7B in 9M24.

• Net loss for 9M25 was NT$7.18B, compared to a net loss of NT$1.51B in 9M24.

• Basic loss per share for 9M25 was NT$(1.13), versus NT$(0.24) in 9M24.

• Gross margin for 9M25 was 3%, down from 5% in 9M24.

• Cash and cash equivalents at September 30, 2025 were NT$8.0B, down from NT$18.2B at year-end 2024.

Outlook and guidance

• Management expects no significant impact from new IFRS standards effective in 2026 and 2027.

• No seasonality or cyclicality expected due to diversified product offerings.