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

Rhea-AI Summary

ASE Technology Holding Co., Ltd. (ASX) reported unaudited consolidated net revenues of NT$53,799 million for May 2022, marking a 10.6% increase from April 2022 and a 27.3% rise year-over-year. In US dollar terms, revenues reached $1,823 million, a 7.8% increase sequentially and a 20.6% increase from May 2021. The company's ATM segment saw net revenues of NT$31,693 million, up 4.2% from April and 19.5% from last year. ASEH emphasizes continued growth in its operations amid the competitive semiconductor sector.

Positive

• May 2022 consolidated net revenues reached NT$53,799 million, +10.6% MoM and +27.3% YoY.
• US dollar revenues for May 2022 were $1,823 million, +7.8% MoM and +20.6% YoY.
• ATM segment revenues increased to NT$31,693 million, +4.2% MoM and +19.5% YoY.

Negative

• None.

TAIPEI, Taiwan, R.O.C., June 9, 2022 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for May 2022.

CONSOLIDATED NET REVENUES (UNAUDITED)

		May		Apr		May		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		53,799		48,643		42,267		+10.6%		+27.3%
		May		Apr		May		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,823		1,691		1,512		+7.8%		+20.6%

 

Pro Forma Basis (unaudited)**

		May		Apr		May		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		53,799		48,643		40,164		+10.6%		+33.9%
		May		Apr		May		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,823		1,691		1,436		+7.8%		+26.9%

 

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

ATM NET REVENUES (UNAUDITED)

		May		Apr		May		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		31,693		30,427		26,524		+4.2%		+19.5%
		May		Apr		May		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,074		1,058		949		+1.5%		+13.2%

 

Pro Forma Basis (unaudited)**

		May		Apr		May		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		31,693		30,427		24,420		+4.2%		+29.8%
		May		Apr		May		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,074		1,058		873		+1.5%		+23.0%

 

*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's ASX net revenues for May 2022?

ASE Technology reported net revenues of NT$53,799 million for May 2022.

How did ASE Technology's May 2022 revenues compare to April 2022?

Revenues increased by 10.6% from April 2022.

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

Year-over-year, revenues grew by 27.3% in May 2022.

What were the US dollar revenues for ASE Technology in May 2022?

In May 2022, ASE Technology's US dollar revenues amounted to $1,823 million.

How did ASE Technology's ATM segment perform in May 2022?

The ATM segment reported net revenues of NT$31,693 million, up 4.2% from April and 19.5% from May 2021.