FPC — Earnings Release 2025

Mar 12, 2026

Formosa Plastics Corporation

台灣塑膠工業股份有限公司

2025 Q4

Operation Performance Highlights

December 31, 2025

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Revenue Breakdown by Product (IFRSs consolidated)

2024 Q4 Net Sales: NT$50 billion

2025 Q4 Net Sales: NT$41 billion

• PVC accounted for 20% and 22% of revenue in 2025 Q4 and 2024 Q4 respectively
• PE (HDPE/EVA/LLDPE) accounted for 22% and 19% of revenue in 2025 Q4 and 2024 Q4 respectively
• Specialty Chemicals (AN/MMA/MTBE) accounted for 8% and 8% of revenue in 2025 Q4 and 2024 Q4 respectively
• Revenue in 2025 Q4 fell 18.3% from 2024 Q4, mainly due to decreasing ASP of all products and decreasing sales volume of PVC, Caustic Soda, AE, EVA, NBA and PP

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Operating Profits Breakdown by Product

EVA & SAP are the key profit contributors in 2025 Q4

2025 Q4 Operating Profits

Operating Margins

Note : Specialty Chemicals include AN, MMA and MTBE

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Consolidated Revenue (IFRSs)

• Revenue in 2025 Q4 fell 1.5% from 2025 Q3 mainly due to decreasing sales volume of all products except for AE, EVA, Carbon Fiber, MTBE, MMA and decreasing ASP of AE, LLDPE, NBA, AN, MMA

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Pre-tax Income

• Pre-tax income fell in 2025 Q4 from 2025 Q3 mainly due to decreasing investment income from FPCC and FPCUSA