logo
Share SHARE
FONT-SIZE Plus   Neg

Advanced Semiconductor December Revenue Rises - Update

Taiwan-based Advanced Semiconductor Engineering Inc. (ASX: Quote) Wednesday reported a 27.2 percent year-on-year growth in net revenues for December 2012, in the new Taiwan dollar currency terms. For the fourth quarter, sales climbed 20.7 percent.

The semiconductor packaging and testing services provider said its consolidated revenues in the month totaled NT$19.0 billion, up from NT$14.94 billion in the same month last year. Sequentially, net revenues decreased 1.9 percent from November.

In US Dollar terms, net revenues climbed 32.7 percent to $655 million, but declined 1.6 percent sequentially.

Starting February 1, 2010, Universal Scientific Industrial Co., Ltd.'s consolidated revenues were consolidated into ASE Inc.'s consolidated revenues.

Excluding USI, monthly net revenues for the ATM assembly test and material business rose to NT$10.78 billion, or $372 million, from NT$9.85 billion or $325 million last year.

For the fourth quarter, the company reported a 20.7 percent growth in net revenues to NT$56.01 billion. Net revenues increased 14.3 percent sequentially. In dollar terms, quarterly revenues climbed 25.3 percent to $1.92 billion.

Excluding USI, quarterly net revenues for the ATM assembly test and material business increased 7.8 percent to NT$34.4 billion. In dollar terms, the year-over-year growth was 11.9 percent.

ASX closed Tuesday's regular trading at $4.26 on the NYSE. In after hours trading, the shares rose 1.02 percent.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
American Airlines Group said pilots at its subsidiaries American Airlines and US Airways, represented by Allied Pilots Association, have approved a new five-year contract which provides immediate pay raises of 23 percent and subsequent annual raises of three percent for the next five years. LEGO Group, TT Games and Warner Bros. Interactive Entertainment have announced their 2015 slate of video games, including LEGO Jurassic World, LEGO Marvel's Avengers, and as well as new hand-held and mobile titles. Social-networking giant Facebook, Inc. is said to be testing their new 'Place Tips' feature for iOS users that will rival a similar service being provided by Yelp or Foursquare. The feature will provide the user relevant content about their location as long as they are there through pop ups on their news feed page of Facebook.
comments powered by Disqus
RELATED NEWS
Trade ASX now with 
Follow RTT