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

Rhea-AI Summary

ASE Technology Holding Co. (ASX) reported net revenues for August 2022 at NT$63,807 million, up 9.7% from July's NT$58,167 million and 26.5% year-over-year from NT$50,450 million. For the US dollar comparison, net revenues were $2,134 million, a 9.2% increase sequentially from $1,954 million and 17.7% higher than $1,813 million in August 2021. However, ATM assembly revenues slightly declined by 1.6% from July but were up 7.7% year-over-year.

Positive

• August 2022 net revenues increased by 9.7% sequentially.
• Year-over-year revenue growth of 26.5%.
• US dollar revenues rose by 9.2% from July and 17.7% year-over-year.

Negative

• ATM assembly revenues decreased by 1.6% sequentially.

Taipei, Taiwan, R.O.C, Sept. 12, 2022 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for August 2022.

Consolidated net revenues (unaudited)

		Aug		Jul		Aug		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		63,807		58,167		50,450		+9.7 %		+26.5 %
		Aug		Jul		Aug		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		2,134		1,954		1,813		+9.2 %		+17.7 %

Pro Forma Basis**

		Aug		Jul		Aug		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		63,807		58,167		48,173		+9.7 %		+32.5 %
		Aug		Jul		Aug		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		2,134		1,954		1,731		+9.2 %		+23.3 %

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

atm net revenues (unaudited)

		Aug		Jul		Aug		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		32,892		33,435		30,552		-1.6 %		+7.7 %
		Aug		Jul		Aug		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,100		1,123		1,098		-2.1 %		+0.2 %

Pro Forma Basis**

		Aug		Jul		Aug		Sequential		YoY
(NT$ Million)		2022		2022		2021		Change		Change
Net Revenues		32,892		33,435		28,275		-1.6 %		+16.3 %
		Aug		Jul		Aug		Sequential		YoY
(US$ Million)		2022		2022		2021		Change		Change
Net Revenues		1,100		1,123		1,016		-2.1 %		+8.3 %

 

*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 Co.'s August 2022 revenues on ASX?

ASE Technology reported net revenues of NT$63,807 million for August 2022.

How did ASE Technology's August 2022 revenues compare to July 2022 on ASX?

August 2022 revenues increased by 9.7% from July 2022, which had revenues of NT$58,167 million.

What is the year-over-year revenue growth for ASE Technology in August 2022 on ASX?

Year-over-year, ASE Technology's revenues grew by 26.5% from NT$50,450 million in August 2021.

What were the US dollar revenues for ASE Technology Holding Co. in August 2022 on ASX?

In August 2022, ASE Technology's US dollar revenues were $2,134 million.

Did ASE Technology experience any revenue decline in August 2022 on ASX?

Yes, ATM assembly revenues declined by 1.6% from July 2022.