Formosa Petrochemical Corporation (TPE:6505)

Formosa Petrochemical Income Statement

Financials in millions TWD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	631,164	663,823	712,576	848,048	620,062	415,282
Revenue Growth (YoY)	-8.64%	-6.84%	-15.97%	36.77%	49.31%	-35.72%
Cost of Revenue	614,860	653,509	685,554	831,833	554,282	402,314
Gross Profit	16,304	10,314	27,023	16,216	65,780	12,968
Selling, General & Admin	10,666	10,616	11,277	10,350	10,119	10,086
Research & Development	349.8	373.17	405.46	406.56	310.51	235.4
Operating Expenses	10,961	10,976	11,633	10,895	10,602	10,199
Operating Income	5,343	-662.59	15,389	5,321	55,177	2,768
Interest Expense	-518.73	-524.17	-542.09	-556.89	-376.2	-416.79
Interest & Investment Income	1,243	1,458	3,127	4,642	1,823	2,264
Earnings From Equity Investments	-598.9	1,356	2,983	-688.23	493.2	1,505
Currency Exchange Gain (Loss)	-84.82	3,084	1,284	5,153	1,415	686.5
Other Non Operating Income (Expenses)	1,947	1,721	2,372	2,320	2,038	2,038
EBT Excluding Unusual Items	7,331	6,433	24,614	16,190	60,570	8,846
Gain (Loss) on Sale of Investments	-66.8	123.74	68.52	192.01	-95.48	-155.46
Gain (Loss) on Sale of Assets	84.22	-4.41	-	582.31	-16.32	-24.73
Asset Writedown	3.72	15.2	11.52	4.22	26.77	-0.68
Pretax Income	7,352	6,567	24,694	16,968	60,485	8,665
Income Tax Expense	1,250	756.23	2,818	2,569	11,121	1,293
Earnings From Continuing Operations	6,102	5,811	21,876	14,400	49,364	7,372
Minority Interest in Earnings	-43.14	160.03	12.99	21.9	37.52	57.15
Net Income	6,059	5,971	21,889	14,422	49,401	7,430
Net Income to Common	6,059	5,971	21,889	14,422	49,401	7,430
Net Income Growth	-1.17%	-72.72%	51.78%	-70.81%	564.93%	-79.81%
Shares Outstanding (Basic)	9,526	9,526	9,526	9,526	9,526	9,526
Shares Outstanding (Diluted)	9,526	9,526	9,526	9,526	9,526	9,526
EPS (Basic)	0.64	0.63	2.30	1.51	5.19	0.78
EPS (Diluted)	0.64	0.63	2.30	1.51	5.19	0.78
EPS Growth	-1.17%	-72.72%	51.78%	-70.81%	564.93%	-79.80%
Free Cash Flow	45,110	-281.31	37,019	-16,830	24,976	26,576
Free Cash Flow Per Share	4.74	-0.03	3.89	-1.77	2.62	2.79
Dividend Per Share	0.800	0.800	2.000	1.100	3.800	0.590
Dividend Growth	-60.00%	-60.00%	81.82%	-71.05%	544.07%	-79.66%
Gross Margin	2.58%	1.55%	3.79%	1.91%	10.61%	3.12%
Operating Margin	0.85%	-0.10%	2.16%	0.63%	8.90%	0.67%
Profit Margin	0.96%	0.90%	3.07%	1.70%	7.97%	1.79%
Free Cash Flow Margin	7.15%	-0.04%	5.20%	-1.98%	4.03%	6.40%
EBITDA	15,448	9,531	29,060	19,277	67,043	14,281
EBITDA Margin	2.45%	1.44%	4.08%	2.27%	10.81%	3.44%
D&A For EBITDA	10,105	10,193	13,670	13,956	11,865	11,512
EBIT	5,343	-662.59	15,389	5,321	55,177	2,768
EBIT Margin	0.85%	-0.10%	2.16%	0.63%	8.90%	0.67%
Effective Tax Rate	17.00%	11.52%	11.41%	15.14%	18.39%	14.92%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.