Breaking News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Advanced Semiconductor December Revenue Rises - Update

1/9/2013 2:20 AM ET

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.

Register
To receive FREE breaking news email alerts for Advanced Semiconductor Engineering Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Justin Moore has been named Humanitarian of the Year by by the Armed Forces Foundation. Moore received the award alongside Big Machine Label Group President/CEO Scott Borchetta for their service and commitment to the morale and welfare of military families through the Crown Royal "Your Hero's Name Here" contest. International Business Machines Corp. said Wednesday after the markets closed that its first quarter profit fell 21% from last year, hurt by lower revenue as well as a hefty workforce rebalancing charge. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Stocks moved sharply higher over the course of the trading day on Wednesday, further offsetting the steep losses posted late last week. The markets benefited from a positive reaction to the latest earnings news as well as remarks by Federal Reserve Chairman Janet Yellen. The major averages saw further upside going into the close, ending the session at their best levels of the day.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.