Thursday, Taiwan Semiconductor Manufacturing Co. Ltd. (TSM) said its third-quarter net income attributable to shareholders of the parent slipped to NT$30.55 billion from NT$30.57 billion in the prior year period. Earnings per share for the quarter rose marginally to NT$1.18 from NT$1.17 in the year-ago period. Earnings per ADR for the quarter was NT$5.88, up from NT$5.86 in the previous year.
Net sales for the quarter declined to NT$89.94 billion from NT$92.98 billion in the comparable period.
On a US Dollar basis, the company posted third-quarter net income attributable to shareholders of US$937 million or US$0.04 per share. The company recorded net sales of US$2.74 billion for the quarter.
On average, 3 analysts polled by Thomson Reuters expected the company to report earnings of $0.18 per share for the quarter.
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