Below are the financial statements of Formosa Petrochemical, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of TWD | 2024 | 2023 |
|---|---|---|
| Revenue | 663.82a | 712.58a |
| Cost of revenue | -653.51a | -685.55a |
| Gross profit | 10.31a | 27.02a |
| Operating expenses | — | — |
| Selling expenses | -5.89a | -6.48a |
| Administrative expenses | -4.73a | -4.8a |
| Research and development expenses | -0.37a | -0.41a |
| Expected credit loss (gain) | -0.02a | -0.06a |
| Total operating expenses | -10.97a | -11.62a |
| Operating income (loss) | -0.65a | 15.4a |
| Non-operating income and expenses | — | — |
| Interest income | 0.95a | 1.06a |
| Other income | 2.67a | 4.53a |
| Other gains and losses | 2.77a | 1.26a |
| Finance costs | -0.52a | -0.54a |
| Share of profit (loss) of associates and joint ventures accounted for using the equity method | 1.36a | 2.98a |
| Total non-operating income and expenses | 7.22a | 9.29a |
| Profit before tax | 6.57a | 24.69a |
| Income tax expense | -0.76a | -2.82a |
| Net income | 5.81a | 21.88a |
| Net income attributable to owners of the parent | 5.97a | 21.89a |
| Net income attributable to non-controlling interests | -0.16a | -0.01a |
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