Formosa Plastics Group Shareholder Meetings to Issue Excess Dividends; Fully Committed to Semiconductors and Low-Carbon Transition
Formosa Plastics Group's shareholder meetings will take place at the end of May. Impacted by petrochemical industry headwinds, the four companies posted a net loss of NT$1.452 billion in 2025, turning from a profit in 2024. All four companies plan to issue excess dividends to reward shareholders, while accelerating their high-value-added transformation into semiconductors, medical materials, and low-carbon niches.
📋 Article Processing Timeline
- 📰 Published: May 16, 2026 at 11:11
- 🔍 Collected: May 16, 2026 at 11:31 (20 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 12:30 (58 min after Collected)
Central News Agency, Reporter Tseng Ren-kai, Taipei, May 16 - The shareholder meetings of the four companies of Formosa Plastics Group will be held sequentially at the end of May. Affected by the headwinds in the petrochemical industry, the four companies recorded a consolidated net loss after tax of NT$1.452 billion in 2025, a shift from the profit of NT$8.458 billion in 2024. The four major companies plan to distribute excess dividends to reward shareholders for their support.
This year, the US-Iran war has caused chaos in the global petrochemical supply chain, adding new variables to the operations of the Formosa Plastics Group. The group stated that it will respond cautiously, seek turning points in its core business operations, and fully move towards high-value transformation, locking in niche areas such as semiconductors, medical materials, and low-carbon energy.
This year's shareholder meetings will kick off with Formosa Petrochemical on May 26, followed by Formosa Chemicals & Fibre on the 27th, Formosa Plastics on the 28th, and Nan Ya Plastics on the 29th.
Impacted by oversupply in Asian petrochemical capacity, Formosa Plastics' consolidated net loss after tax attributed to the parent company in 2025 was NT$10.049 billion, marking the second consecutive year of losses, with a net loss after tax of NT$1.58 per share. The Board of Directors recently decided to propose a cash dividend of NT$0.5 per share, maintaining the same level as last year.
Nan Ya, bolstered by electronic materials, achieved a net profit of NT$4.519 billion attributed to the parent company last year, an annual increase of 35.2%, with earnings per share of NT$0.57, performing relatively well among the four companies. The Board decided to propose an excess cash dividend of NT$0.8 per share, with a payout ratio reaching 140%.
Formosa Chemicals & Fibre's consolidated net loss after tax attributed to the parent company in 2025 was NT$5.797 billion, the first annual loss since listing, with a net loss per share of NT$0.99. The Board decided to propose a cash dividend of NT$0.6 per share, better than last year's level of NT$0.5.
Formosa Petrochemical's net profit attributed to the parent company last year was NT$9.875 billion, an annual increase of 65.4%, with earnings per share of NT$1.04. The Board decided to propose an excess cash dividend of NT$1.2 per share, with a payout ratio of 115%.
Looking ahead, Formosa Plastics stated in its annual report for the shareholders' meeting that the US-China trade tensions show signs of easing. US President Trump's energy policy tends to promote the production and export of fossil fuels, oil, and gas, and China continues to promote fiscal and monetary easing policies to stimulate the economy, bringing a turning point to the global petrochemical industry's operating environment. It is expected that the petrochemical industry conditions this year will be better than last year. However, the outbreak of the US-Iran war at the end of February added variables to the industry.
Nan Ya believes that the 2026 operating environment will still face multiple pressures from the market, geopolitics, technological innovation, and sustainability waves. Nan Ya will focus on 'accelerating transformation' and 'strengthening management'.
President of Formosa Plastics Group and Chairman of Nan Ya, Wu Chia-chao, emphasized that industrial transformation is a long and arduous road that must be taken, and it takes time to ferment. To achieve immediate results in the short term, one must first undergo product transformation, adjust product structure, and increase the combination of differentiated products.
Formosa Chemicals & Fibre emphasized that 'there are no sunset industries, only sunset enterprises'. Finding a way out and seeking survival are the core tasks for the company at the current stage. Formosa Chemicals & Fibre uses 'differentiation' as its operating axis, will adjust production lines, integrate production, refine production and sales structure, no longer pursue breakthroughs in full production and sales volume, abandon red ocean markets, expand the proportion of differentiated products, increase the output of niche specifications, and adapt specifications to more diverse needs.
Formosa Chemicals & Fibre intends to combine advantages of customization, high profit, and difficulty to be replaced based on existing foundations, expand the development of petrochemical, plastic, fiber, and textile differentiated products related to medical materials, automotive, electronics, AI servers, and functionality, and further enter application fields such as semiconductor materials, electronic-grade hydrogen and chemicals, energy and energy storage, continue to create new businesses, and find new business opportunities.
Formosa Petrochemical pointed out that in the face of doubts from the outside world about the industry's prospects, Formosa Petrochemical is redefining industry value with a more efficient and low-carbon mindset. Formosa Petrochemical has already integrated AI intelligence applications into the core of digital transformation a few years ago, improving energy efficiency through process parameter optimization, and achieving significant low-carbon benefits. In the future, in terms of product mix, it will continue to increase the proportion of low-carbon products. (Editor: Zhang Liangzhi) 1150516
This year, the US-Iran war has caused chaos in the global petrochemical supply chain, adding new variables to the operations of the Formosa Plastics Group. The group stated that it will respond cautiously, seek turning points in its core business operations, and fully move towards high-value transformation, locking in niche areas such as semiconductors, medical materials, and low-carbon energy.
This year's shareholder meetings will kick off with Formosa Petrochemical on May 26, followed by Formosa Chemicals & Fibre on the 27th, Formosa Plastics on the 28th, and Nan Ya Plastics on the 29th.
Impacted by oversupply in Asian petrochemical capacity, Formosa Plastics' consolidated net loss after tax attributed to the parent company in 2025 was NT$10.049 billion, marking the second consecutive year of losses, with a net loss after tax of NT$1.58 per share. The Board of Directors recently decided to propose a cash dividend of NT$0.5 per share, maintaining the same level as last year.
Nan Ya, bolstered by electronic materials, achieved a net profit of NT$4.519 billion attributed to the parent company last year, an annual increase of 35.2%, with earnings per share of NT$0.57, performing relatively well among the four companies. The Board decided to propose an excess cash dividend of NT$0.8 per share, with a payout ratio reaching 140%.
Formosa Chemicals & Fibre's consolidated net loss after tax attributed to the parent company in 2025 was NT$5.797 billion, the first annual loss since listing, with a net loss per share of NT$0.99. The Board decided to propose a cash dividend of NT$0.6 per share, better than last year's level of NT$0.5.
Formosa Petrochemical's net profit attributed to the parent company last year was NT$9.875 billion, an annual increase of 65.4%, with earnings per share of NT$1.04. The Board decided to propose an excess cash dividend of NT$1.2 per share, with a payout ratio of 115%.
Looking ahead, Formosa Plastics stated in its annual report for the shareholders' meeting that the US-China trade tensions show signs of easing. US President Trump's energy policy tends to promote the production and export of fossil fuels, oil, and gas, and China continues to promote fiscal and monetary easing policies to stimulate the economy, bringing a turning point to the global petrochemical industry's operating environment. It is expected that the petrochemical industry conditions this year will be better than last year. However, the outbreak of the US-Iran war at the end of February added variables to the industry.
Nan Ya believes that the 2026 operating environment will still face multiple pressures from the market, geopolitics, technological innovation, and sustainability waves. Nan Ya will focus on 'accelerating transformation' and 'strengthening management'.
President of Formosa Plastics Group and Chairman of Nan Ya, Wu Chia-chao, emphasized that industrial transformation is a long and arduous road that must be taken, and it takes time to ferment. To achieve immediate results in the short term, one must first undergo product transformation, adjust product structure, and increase the combination of differentiated products.
Formosa Chemicals & Fibre emphasized that 'there are no sunset industries, only sunset enterprises'. Finding a way out and seeking survival are the core tasks for the company at the current stage. Formosa Chemicals & Fibre uses 'differentiation' as its operating axis, will adjust production lines, integrate production, refine production and sales structure, no longer pursue breakthroughs in full production and sales volume, abandon red ocean markets, expand the proportion of differentiated products, increase the output of niche specifications, and adapt specifications to more diverse needs.
Formosa Chemicals & Fibre intends to combine advantages of customization, high profit, and difficulty to be replaced based on existing foundations, expand the development of petrochemical, plastic, fiber, and textile differentiated products related to medical materials, automotive, electronics, AI servers, and functionality, and further enter application fields such as semiconductor materials, electronic-grade hydrogen and chemicals, energy and energy storage, continue to create new businesses, and find new business opportunities.
Formosa Petrochemical pointed out that in the face of doubts from the outside world about the industry's prospects, Formosa Petrochemical is redefining industry value with a more efficient and low-carbon mindset. Formosa Petrochemical has already integrated AI intelligence applications into the core of digital transformation a few years ago, improving energy efficiency through process parameter optimization, and achieving significant low-carbon benefits. In the future, in terms of product mix, it will continue to increase the proportion of low-carbon products. (Editor: Zhang Liangzhi) 1150516