Formosa Taffeta Co., Ltd. (TPE: 1434)

Market Cap	32.56B
Revenue (ttm)	28.41B
Net Income (ttm)	318.74M
Shares Out	1.68B
EPS (ttm)	0.19
PE Ratio	102.14
Forward PE	29.77
Dividend	0.50 (2.60%)
Ex-Dividend Date	Jul 31, 2024

Volume	913,273
Open	19.25
Previous Close	19.25
Day's Range	19.00 - 19.25
52-Week Range	18.90 - 25.95
Beta	0.16
Analysts	n/a
Price Target	n/a
Earnings Date	Nov 7, 2024

About Formosa Taffeta

Formosa Taffeta Co., Ltd. operates in the textile industry in Taiwan and Asia. It operates through three segments: First Business Group, Cord Fabric Department, and Gasoline Department. The company engages in dyeing, finishing, printing, and back-end processing of woven fabrics made of chemical filament. It offers tire cord fabric, base cloths of conveyor ducks, chafers for tire-lips, anti-puncture fabric for bikes, lining fabric, etc. The company also manufactures and sells cotton yarn, blended yarn, MVS yarn, nano far infrared ray fiber, nano...

• Industry: Textile Manufacturing
• Sector: Consumer Discretionary
• Founded: 1973
• Employees: 7,218
• Stock Exchange: Taiwan Stock Exchange
• Ticker Symbol: 1434

Financial Performance

In 2023, Formosa Taffeta's revenue was 28.50 billion, a decrease of -17.92% compared to the previous year's 34.72 billion. Earnings were 444.55 million, a decrease of -86.94%.