Formosa Petrochemical Corp.'s net profits for the year ended December 2008 have fallen by 78%, to NT$15.19 bln down from last years record profits of NT$69.61 bln..
Revenue rose 25% to a record NT$875.57 bln. Deteriorating demand for refined oil products and inventory write-downs in the fourth quarter could be the possible triggers for the fall.
16-Mar-09 
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