FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: Formosa Plastics Expects Earnings Rebound in Q2

By

Formosa Plastics (TPE:1301) expects stronger earnings momentum in 2026, with management forecasting a sharp rebound in second-quarter profit followed by a potential return to full-year profitability, CNA reported Thursday, citing Chairman Kuo Wen-pi.

He said second-quarter results are likely to improve significantly from the first quarter, supported by higher petrochemical prices and tighter supply conditions stemming from disruptions in Middle East capacity, according to the report.

Despite an expected NT$10 billion loss in 2025, the company pointed to improving margins, seasonal demand strength, and downstream investment gains as factors supporting the outlook, while maintaining a NT$0.5 per share cash dividend, CNA said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Related Articles

Asia

Market Chatter: Wiwynn Warns of Emerging AI Hardware Shortages Despite Strong Demand Outlook

Wiwynn (TPE:6669) said shortages are beginning to surface across key data center components beyond memory chips, even as it expects demand for AI infrastructure to remain robust over the coming years, Bloomberg News reported Friday, citing Chairwoman Emily Hong.Hong said the imbalance in supply is shifting across different parts of the hardware chain, making bottlenecks harder to predict, as hyperscalers continue to ramp up spending. She added that demand for AI server equipment is likely to stay elevated over the next three to five years, supported by major capital investments from global tech firms, the report said.Wiwynn, a major Nvidia server supplier, is expanding its US footprint and exploring new funding options, including convertible bonds and depositary receipts, to support its growth plans, Bloomberg said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$TPE:6669
Asia

Jefferies Adjusts Topsports International Holdings' Price Target to HK$5 From HK$6.40, Keeps at Buy

Topsports International Holdings (HKG:6110) has an average rating of overweight and mean price target of HK$3.56, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$HKG:6110
Asia

Jefferies Adjusts Alkem Laboratories' Price Target to INR6,500 From INR6,550, Keeps at Buy

Alkem Laboratories (NSE:ALKEM, BOM:539523) has an average rating of overweight and mean price target of 6,012.48 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$BOM:539523$NSE:ALKEM