Formosa Chemicals & Fibre Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was TWD 83,028.83 million compared to TWD 95,399.04 million a year ago. Net loss was TWD 767.79 million compared to net income of TWD 6,060.79 million a year ago.

Basic loss per share from continuing operations was TWD 0.13 compared to basic earnings per share from continuing operations of TWD 1.04 a year ago.