Regarding the Commercial Times News “FENC’s 3Q18 revenue takes a leap forward” on 2018/9/3
From:
SEQ_NO
1
Date of announcement
2018/09/03
Time of announcement
14:12:24
Subject
Regarding the Commercial Times News “FENC’s 3Q18 revenue takes a leap forward” on 2018/9/3
Date of events
2018/09/03
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2018/09/03
2.Company name:Far Eastern New Century Corp.
3.Relationship to the Company (please enter ”head office” or ”subsidiaries”):The Company
4.Reciprocal shareholding ratios:N/A
5.Name of the reporting media:Commercial Times
6.Content of the report: After the PET capacity of 360K and 400K tons ramps up in the U.S. and Vietnam in 3Q18,
FENC’s 3Q18 revenue growth is estimated up 3-5% by the consensus.
7.Cause of occurrence: To clarify the information published by local press, Commercial Times, on 2018/9/3
8.Countermeasures: The Company does not provide any financial forecast and 3Q18 revenue is estimated by the media.
9.Any other matters that need to be specified:NIL