- Formosa Petro reported a revenue of NT$318.81 billion for the first half of the year.
- The company experienced a loss per share of NT$0.40.
- An operating loss of NT$3.66 billion was recorded.
- The total net loss reported by the company was NT$3.82 billion.
- Analyst recommendations included 3 buying suggestions, 6 hold suggestions, and 1 sell suggestion.
A look at Formosa Petrochemical Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Formosa Petrochemical Corp. is positioned for a promising long-term outlook based on Smartkarma Smart Scores. The company excels in momentum with a top score of 5, indicating strong positive performance trends. This suggests that Formosa Petrochemical is gaining market traction and investor interest, which could bode well for its future growth prospects.
While the company scores lower in areas such as dividend and growth, scoring 2 in each category, its solid value score of 4 and resilience score of 3 depict a stable foundation and undervalued status in the market. Overall, Formosa Petrochemical‘s diverse operations in refining crude oil, marketing petroleum products, and generating electricity position it as a resilient player with growth potential in the ever-evolving energy sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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