Credit Ratings

Credit Ratings

Credit Ratings

FTC Credit Ratings

 

In order to coordinate the loan assurance on the joint investment in Formosa Ha Tinh Steel Corp. (FHS) with Formosa Plastic Corp. (FPC) group, the Company accepts the suggestion of the finance division of FPC group to adopt Taiwan Ratings' credit ratings from 2014 so as to strengthen the effectiveness of endorsement assurance.

 

Based on our presentation, its interview with our senior executives at our Taipei branch on September 14, 2021, and its inspection of FTC's operational structure, Taiwan Ratings gives FTC's seven-consecutive-year financial performances the following corporate credit ratings.

 

Year Long-term credit rating Short-term credit rating Rating outlook
2021 twA twA-1 Positive
2020 twA twA-1 Stable
2019 twA+ twA-1 Stable
2018 twA+ twA-1 Stable
2017 twA+ twA-1 Stable
2016 twA+ twA-1 Stable
2015 twA+ twA-1 Stable
2014 twA+ twA-1 Stable

 

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