Dj Table: Formosa Oilseed Process Fy Net Profit Nt$344.0M Versus Nt$367.9M

   Formosa Oilseed Processing Co. Ltd. - Taiwan 
   Figures in New Taiwan dollars. 
                                     2025               2024 
Revenue                  NT$1,061,994,000   NT$1,151,247,000 
Jan-Mar Revenue          NT$3,220,752,000   NT$3,343,898,000 
 
Source: Taiwan Stock Exchange This content was automatically published based on data and/or text from the original source. For feedback, write to singaporeeditors@dowjones.com. 
 
 

Taiwan Stock Exchange suspended trading of Formosa Oilseed Processing 1, effective April 7, after the company failed to publish its 2024 financial statement.

The company plans to convene its board of directors, and sign a service deal with a CPA to complete the statement publication.

If trading is not resumed within six months, the company risks delisting, it added.

Formosa Oilseed Processing 1 said the Taiwan High Court Taichung Branch upheld a not-guilty verdict for its corporate chairman's representative, Chin Chuan Wu, in a securities law violation case.

The first-instance court had ruled not guilty, but the Taichung District Prosecutors Office appealed the decision, according to a Monday Taiwan Exchange filing.

The company stated that its business and finances remain unaffected.

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Greater China fell on Friday.

Hong Kong's Hang Seng Index slipped 0.9% to 19071.62, and China's Shanghai Composite Index fell 1.3% to 3168.52. The Taiwan Taiex index slipped 0.3% to 23011.86.

Among Hang Seng constituents, Haidilao International Holding Ltd. posted the largest decline, falling 4.7%, followed by shares of China Life Insurance Co. Ltd., which fell 4.5%. Shares of Lenovo Group Ltd. fell 4.5%.

Semiconductor Manufacturing International Corp. was the biggest gainer among companies on the Hang Seng, gaining 3.3%, and Zijin Mining Group Co. Ltd. gained 3.0%. Wuxi Biologics (Cayman) Inc. rounded out the top three movers on Friday, as shares gained 2.2%.

Among large mainland China stocks, Fujian Dongbai (Group) Co. Ltd. A posted the largest decline, dropping 10%, followed by shares of Xinjiang Youhao Group Co. Ltd., which dropped 10%. Shares of KraussMaffei Co. Ltd. A dropped 10%.

Guangdong Skychem Technology Co. Ltd. A was the biggest gainer during the session, surging 12%, and Shanghai Bright Power Semiconductor Co. Ltd. A surged 10%. Founder Technology Group Co. Ltd. A rounded out the top three movers on Friday, as shares surged 10%.

In Taiwan, Xavi Technologies Corp. posted the biggest decline among large companies, dropping 10%, followed by shares of FitTech Co. Ltd., which dropped 9.8%. Shares of Vactronics Technologies Inc. dropped 9.5%.

Vivotek Inc. was the biggest gainer among large Taiwan companies during the session, surging 10%, and Adimmune Corp. surged 9.8% Formosa Oilseed Processing Co. Ltd. rounded out the top three movers, as shares surged 8.8%.

On the currency front, the onshore yuan held steady against the U.S. dollar at CNY7.33 while the New Taiwan dollar weakened 0.3% against the U.S. dollar at NT$32.97.

Data source: Dow Jones Market Data, FactSet