ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*

Rhea-AI Summary

ASE Technology Holding Co. (ASX) reported April 2022 unaudited consolidated net revenues of NT$ 48,643 million, a decline of 6.4% compared to NT$ 51,986 million in March 2022, but an increase of 17.7% year-over-year from NT$ 41,333 million in April 2021.

In USD terms, net revenues were $1,691 million, down 8.3% sequentially from $1,843 million in March 2022, while showing a 16.4% increase from $1,453 million in April 2021.

Positive

• Year-over-year revenue increase of 17.7% indicates strong growth.
• Pro forma net revenue for April 2022 was NT$ 48,643 million, indicating solid performance compared to historical data.

Negative

• 6.4% decrease in monthly revenue compared to March 2022.
• 8.3% sequential decline in revenue in USD compared to March 2022.

TAIPEI, Taiwan, R.O.C., May 10, 2022 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for April 2022.

Consolidated net revenues (unaudited)

		Apr		Mar		Apr		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		48,643		51,986		41,333		-6.4%		+17.7%
		Apr		Mar		Apr		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,691		1,843		1,453		-8.3%		+16.4%

Pro Forma Basis (unaudited)**

		Apr		Mar		Apr		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		48,643		51,986		39,312		-6.4%		+23.7%
		Apr		Mar		Apr		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,691		1,843		1,382		-8.3%		+22.4%

Net revenues for ATM assembly, testing and material business are as follows:

atm net revenues (unaudited)

		Apr		Mar		Apr		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		30,427		30,520		25,510		-0.3%		+19.3%
		Apr		Mar		Apr		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,058		1,082		897		-2.2%		+18.0%

Pro Forma Basis (unaudited)**

		Apr		Mar		Apr		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		30,427		30,520		23,488		-0.3%		+29.5%
		Apr		Mar		Apr		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,058		1,082		826		-2.2%		+28.1%

*This press release is intended to comply with Taiwan regulatory requirements.

** Pro forma basis excludes the disposed China Sites.

Safe Harbor Notice:

This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People's Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors.  For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2021 Annual Report on Form 20-F filed on March 29, 2022.

Investor Relations Contact:

ir@aseglobal.com

Tel: +886.2.6636.5678

http://www.aseglobal.com

 

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SOURCE ASE Technology Holding Co., Ltd.

FAQ

What were ASE Technology Holding's net revenues for April 2022?

ASE Technology Holding reported net revenues of NT$ 48,643 million for April 2022.

How much did ASE Technology's revenues decline from March to April 2022?

ASE Technology experienced a 6.4% decline in revenues from NT$ 51,986 million in March to NT$ 48,643 million in April 2022.

What is the year-over-year revenue growth for ASE Technology Holding in April 2022?

ASE Technology's revenues grew by 17.7% year-over-year, compared to NT$ 41,333 million in April 2021.

How did ASE Technology's revenues perform in USD for April 2022?

In USD, ASE Technology reported revenues of $1,691 million for April 2022, an 8.3% decline compared to March 2022.