Formosa Taffeta Co Ltd

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Formosa Taffeta Co Ltd (1434) Price Performance

Formosa Taffeta Co Ltd (1434) trades on TW in TWD. The company is classified in the Consumer Cyclical sector under the Textile Manufacturing industry. The stock currently trades at TWD16.35, down 0.30% from the previous close.

Over the past year, 1434 has traded between a low of TWD14.60 and a high of TWD19.05. The stock has lost 14.2% over this period. It is currently 14.2% below its 52-week high.

Formosa Taffeta Co Ltd has a market capitalization of $28.01B, with a price-to-earnings ratio of 47.57.

About Formosa Taffeta Co Ltd

Formosa Taffeta Co., Ltd. operates in the textile industry in Taiwan and Asia. The company offers traditional combed cotton yarn, blended yarn, new functional yarn, special protective yarn, and woven fabric. It offers tire cord fabric, base cloths of conveyor ducks, chafers for tire-lips, anti-puncture fabric for bikes, lining fabric, etc. The company also manufactures and sells protective textile devices, including bulletproof vest, jacket, helmet, shield, mask; abrasion-resistance fabric, and products with composite materials, such as sports devices, and fishing gear; industrial work clothes, including clothes with acid-, alkaline-, fire-, and high temperature endurance and reprocessed products using such textiles, including fire-fighting coat, anti-heat clothes for working in boiler room, and chemical-industry work clothes; clean-room wares, such as sterilized clothes, surgical gown, medical wrapping cloth, and anti-static electricity clothes, as well as sterilized clothes. In addition, it operates gasoline stations; and offers petroleum, diesel, lubricant, car appliances, as well as car washing services. Further, the company is involved in sale of filament fabric and spun fabric; urban land consolidation, and develops and leases residences, office buildings, and factories; engages in the provision of employment, temporary help, and manpower brokerage services. The company was formerly known as Formosa Fiber Co., Ltd. and changed its name to Formosa Taffeta Co., Ltd. in January 1979. Formosa Taffeta Co., Ltd. was incorporated in 1973 and is headquartered in Douliou City, Taiwan.