Far Eastern New Century (1402) Investor presentation summary
Event summary combining transcript, slides, and related documents.
Investor presentation summary
21 Sep, 2026Strategic direction and sustainability blueprint
Focus on innovation, green transformation, inclusivity, and robust governance as core pillars of long-term strategy.
Sustainability strategy aligns with global trends, emphasizing circular economy and climate action.
Clear net-zero targets: 30% GHG reduction by 2025, 50% by 2030, and net zero by 2050, validated by SBTi.
Executive compensation and supply chain management are directly linked to ESG performance and targets.
Governance structure includes a dedicated sustainability committee and integration of international standards.
Business segments and operational highlights
Operates across production (polyester, chemicals, textiles), property development, and investment businesses.
Production business returned to profitability in 2026, with 2Q26 operating profit at NT$1.1B, highest since 2Q22.
Investment and property development segments provide stable recurring income and one-off gains.
Global leader in food-grade rPET, with capacity expansions in Taiwan, US, Japan, and Southeast Asia.
Green products accounted for 41% of production business revenue in 2025 and 35% in 1H26.
Innovation and green product leadership
Pioneered recycling technologies for PET bottles, textiles, ocean plastics, and waste gas.
Developed mono-material polyester solutions and world-first CO2-based polyurethane (AirTek PU).
Green product revenue has grown steadily, with significant contributions from recycled and bio-based materials.
Eco-friendly fabrics featured in major global events, including the 2026 World Cup.
Received multiple international awards for innovation and sustainability, including Dow Jones and CDP recognitions.
Latest events from Far Eastern New Century
- 1H26 EPS up 74% YoY, net income up 73%, and green revenue at 19% of total.1402
Q2 2026 - EPS up 33% YoY to NT$0.61 in 1Q26; net income rose 22% despite a 3.8% revenue drop.1402
Q1 2026 - Revenue and profit grew, supported by telecom, green products, and major acquisitions.1402
Q2 2024 - 2024 saw 5% revenue growth, 22% higher net income, and major events including a plant incident.1402
Q4 2024 - Net income rose 20% on higher revenue, telecom growth, and increased green business share.1402
Q3 2024 - 1H25 saw lower earnings amid production challenges, but green revenue and gross margin improved.1402
Q2 2025 - Net income surged up to 47% in 1Q25, driven by margin gains and green product growth.1402
Q1 2025 - Revenue and net income fell on production headwinds, but telecom and green segments outperformed.1402
Q3 2025 - Earnings fell in 2025 amid operational and market challenges, but R-PET and investment gains provided resilience.1402
Q4 2025