FPC — Investor Presentation 2024

Nov 27, 2024

Formosa Plastics Corporation

台灣塑膠工業股份有限公司

2024年第3季

營運績效摘要

2024年9月30日

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營業收入-產品別(IFRSs consolidated)

2023 Q3 Net Sales: NT$51 billion

2024 Q3 Net Sales: NT$50 billion

• PVC accounted for 22% and 22% of revenue in 2024 Q3 and 2023 Q3 respectively
• PE (HDPE/EVA/LLDPE) accounted for 19% and 24% of revenue in 2024 Q3 and 2023 Q3 respectively
• Specialty Chemicals (AN/MMA/ECH/MTBE) accounted for 10% and 9% of revenue in 2024 Q3 and 2023 Q3 respectively
• Revenue in 2024 Q3 fell 0.5% from 2023 Q3, mainly due to decreasing ASP of EVA, MTBE and decreasing sales volume of all products except for MMA, PP, AE and Caustic Soda

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營業利益-產品別

聚氯乙烯及液碱為主要獲利來源

2024 Q3 Operating Profits
(NT$Million)

Operating Margins

Note : Specialty Chemicals include AN, MTBE, MMA and ECH

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產能擴充計畫

Location	Products	Current Company Capacity (p.a.)	Expansion (p.a.)	Completion Date	Investment (US$ mn)
Renwu, Taiwan	PVC	1,338KMT	10KMT	2027Q2	4
Linyuan, Taiwan	PVC	1,373KMT	15KMT	2028Q1	3
Mailiao, Taiwan	PVC	1,383KMT	35KMT	2029Q4	10
Texas, USA	1-Hexene	-	100KMT	2025Q4	208
Renwu, Taiwan	Carbon Fiber	7,650MT	1,600MT	2025Q2	116

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合併營業額(IFRSs)

NT$ million

• Revenue in 2024 Q3 fell 1.2% from 2024 Q2 mainly due to decreasing sales volume of all products except for Caustic Soda, AE, HDPE, EVA, SAP and decreasing ASP of AE, HDPE, EVA, NBA, AN, MTBE, PP

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稅前利益

• Pre-tax income fell in 2024 Q3 from 2024 Q2 mainly due to
  (1) decreasing operating income
  (2) decreasing investment income from FPCC, FPCUSA and Fujian Fuxin Special Steel Corporation