FONT-SIZE Plus   Neg

Advanced Semiconductor December Revenue Rises - Update

Taiwan-based Advanced Semiconductor Engineering Inc. (ASX) 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
Amazon.com Inc. (AMZN) Thursday reported an increase in profit for the third quarter, driven largely by revenue growth, especially at Amazon Web services. However, shares of the online retailer dropped nearly 5 percent in extended session after its profit fell short of Wall Street estimates. The midpoint... Alphabet Inc., (GOOG, GOOGL), the parent company of Google, Thursday reported a jump in third-quarter profit, largely driven by increase in search and advertising revenues. Earnings and revenues for the quarter trumped Wall Street expectations. Alphabet's third-quarter profit rose to $5.06 billion... Despite scandals and the negative impact from last decade's financial crisis, some of the world's largest banks have emerged stronger than before. According to the latest list from Relbanks.com, Chinese banks continued to dominate the global rankings in 2016 for the biggest banks by assets. However,...
comments powered by Disqus
Follow RTT