Formosa Petrochemical Income Statement

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

Millions TWD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	626,159	663,823	712,576	848,048	620,062
Revenue Growth (YoY)	-5.67%	-6.84%	-15.97%	36.77%	49.31%
Cost of Revenue	604,091	653,509	685,554	831,833	554,282
Gross Profit	22,068	10,314	27,023	16,216	65,780
Selling, General & Admin	10,839	10,616	11,277	10,350	10,119
Research & Development	351.09	373.17	405.46	406.56	310.51
Operating Expenses	11,217	10,976	11,633	10,895	10,602
Operating Income	10,852	-662.59	15,389	5,321	55,177
Interest Expense	-468.19	-524.17	-542.09	-556.89	-376.2
Interest & Investment Income	1,352	1,458	3,127	4,642	1,823
Earnings From Equity Investments	-768.23	1,356	2,983	-688.23	493.2
Currency Exchange Gain (Loss)	-157.09	3,084	1,284	5,153	1,415
Other Non Operating Income (Expenses)	1,927	1,721	2,372	2,320	2,038
EBT Excluding Unusual Items	12,737	6,433	24,614	16,190	60,570
Gain (Loss) on Sale of Investments	-30.32	204.6	78.88	192.01	-95.48
Gain (Loss) on Sale of Assets	5.16	-85.28	-10.36	582.31	-16.32
Asset Writedown	0.56	15.2	11.52	4.22	26.77
Pretax Income	12,712	6,567	24,694	16,968	60,485
Income Tax Expense	2,837	756.23	2,818	2,569	11,121
Earnings From Continuing Operations	9,875	5,811	21,876	14,400	49,364
Minority Interest in Earnings	0.53	160.03	12.99	21.9	37.52
Net Income	9,875	5,971	21,889	14,422	49,401
Net Income to Common	9,875	5,971	21,889	14,422	49,401
Net Income Growth	65.39%	-72.72%	51.78%	-70.81%	564.93%
Shares Outstanding (Basic)	9,526	9,526	9,526	9,526	9,526
Shares Outstanding (Diluted)	9,526	9,526	9,526	9,526	9,526
EPS (Basic)	1.04	0.63	2.30	1.51	5.19
EPS (Diluted)	1.04	0.63	2.30	1.51	5.19
EPS Growth	65.39%	-72.72%	51.78%	-70.81%	564.93%
Free Cash Flow	37,004	-281.31	37,019	-16,830	24,976
Free Cash Flow Per Share	3.88	-0.03	3.89	-1.77	2.62
Dividend Per Share	1.200	0.800	2.000	1.100	3.800
Dividend Growth	50.00%	-60.00%	81.82%	-71.05%	544.07%
Gross Margin	3.52%	1.55%	3.79%	1.91%	10.61%
Operating Margin	1.73%	-0.10%	2.16%	0.63%	8.90%
Profit Margin	1.58%	0.90%	3.07%	1.70%	7.97%
Free Cash Flow Margin	5.91%	-0.04%	5.20%	-1.98%	4.03%
EBITDA	20,914	9,531	29,060	19,277	67,043
EBITDA Margin	3.34%	1.44%	4.08%	2.27%	10.81%
D&A For EBITDA	10,063	10,193	13,670	13,956	11,865
EBIT	10,852	-662.59	15,389	5,321	55,177
EBIT Margin	1.73%	-0.10%	2.16%	0.63%	8.90%
Effective Tax Rate	22.32%	11.52%	11.41%	15.14%	18.39%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.