Formosa Petrochemical Corp. pretax profit in 2012 plunge 90

Formosa Petrochemical Corp’s pretax profit in 2012 plunged 90%, hit by high crude-oil costs and weak global petrochemical demand. The company recorded a pretax profit of 2.44 billion New Taiwan dollars (US$84 million) in 2012, down sharply from NT$24.67 billion in the previous year. For the three months ended Dec. 31, Formosa Petrochemical recorded a pretax profit of NT$1.98 billion. It didn't give a comparison figure of the Q4-2011.
  More News  Post Your Comment
{{comment.Name}} made a post.




There are no comments to display. Be the first one to comment!


Name Required.


Email Id Required.

Email Id Not Valid.


Mobile Required.

Email ID and Mobile Number are kept private and will not be shown publicly.

Message Required.

Click to Change image  Refresh Captcha