Formosa Petro stock: Formosa Petrochemical reports September revenue up 65.60 percent
Published on 10/21/2026 at 17:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRevenue and valuation update
- September revenue rose 65.60 percent year on year, according to a report dated October 12, 2026.
- Second-quarter revenue reached TWD 182.98 billion, while net income was TWD 20.78 billion.
- Formosa Petro stock stood at TWD 109.50 on October 21, 2026, up 2.82 percent from TWD 106.50.
- The stock traded 15.12 percent below its TWD 129.00 52-week high, with a P/E of 19.01.
Formosa Petrochemical Corporation reported that September revenue rose 65.60 percent year on year, according to a Reuters report carried by TradingView on October 12, 2026. The update extends a stronger operating picture into the third quarter, although the shares remain below their annual high. Formosa Petro stock stood at TWD 109.50 on October 21, 2026 at 1:30 p.m. TST, up 2.82 percent from the prior close of TWD 106.50 on the Taiwan Stock Exchange.
Second-quarter earnings provide support
The latest financial statements show operating revenue of TWD 182.98 billion for the second quarter of 2026, compared with TWD 145.55 billion in the second quarter of 2025. That represents 25.72 percent year-on-year growth. The figures come from Formosa Petrochemical.
Net income reached TWD 20.78 billion in the second quarter of 2026, compared with a TWD 7.53 billion loss in the year-earlier quarter. Operating income was TWD 22.88 billion, versus a TWD 7.40 billion operating loss in the second quarter of 2025. For the first half of 2026, revenue totaled TWD 344.97 billion and net income reached TWD 41.19 billion, compared with a TWD 3.82 billion loss in the first half of 2025.
Stock remains below its annual high
The Taiwan-listed stock traded within a 52-week range of TWD 43.35 to TWD 129.00 as of October 21, 2026. At TWD 109.50, it stood 15.12 percent below the high and 152.60 percent above the low. Trading volume reached 39,193,987 shares, while market capitalization was TWD 1.0 trillion.
Valuation leaves earnings in focus
Formosa Petrochemical traded at a price-to-earnings ratio of 19.01 on October 21, 2026. The combination of September revenue growth and the first-half earnings recovery gives investors two measurable indicators for assessing whether the recent share-price advance can persist. The company operates in oil refining, petrochemicals and related utilities, so quarterly profitability remains closely tied to production economics and product demand.
What the numbers mean for the stock
The current valuation is supported by a clear improvement in reported profitability: first-half net income moved from a loss of TWD 3.82 billion in 2025 to TWD 41.19 billion in 2026. September revenue growth adds a newer operating signal, while the 15.12 percent distance from the annual high shows that the stock has not yet returned to its peak level.
Stock position and investor perspective
Formosa Petro stock was at TWD 109.50 on the Taiwan Stock Exchange on October 21, 2026 at 1:30 p.m. TST, up 2.82 percent versus TWD 106.50. The further course of trading is shown by the continuously updated real-time quote of Formosa Petro stock.
Formosa Petro stock key facts
- Company: Formosa Petrochemical Corporation
- ISIN: TW0006505001
- Ticker: 6505
- Primary exchange: Taiwan Stock Exchange
- Price on Taiwan Stock Exchange (as of October 21, 2026, 1:30 p.m. TST): TWD 109.50
- Change versus prior close: plus 2.82 percent
- Prior close: TWD 106.50
- Market capitalization: TWD 1.0 trillion (as of October 21, 2026)
- 52-week range: TWD 43.35-129.00 (as of October 21, 2026)
- Sector / Industry: Energy / Oil and Gas Refining and Marketing
Market context: Market report TAIEX.
