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

Rhea-AI Summary

ASE Technology Holding Co., Ltd. announces unaudited consolidated net revenues for September and 3rd quarter of 2023.

Positive

• ASE Technology Holding Co., Ltd. reported a 2.4% increase in net revenues for September compared to August.
• The company's net revenues for the 3rd quarter of 2023 increased by 13.1% compared to the previous quarter.
• Net revenues for ATM assembly, testing, and material business decreased by 0.4% in September compared to August.

Negative

• Net revenues for ATM assembly, testing, and material business decreased by 12.7% compared to the same period last year.

TAIPEI, Oct. 11, 2023 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for September and 3^rd quarter of 2023.

CONSOLIDATED NET REVENUES (UNAUDITED)

		Sept		Aug		Sept		Sequential		YoY
(NT$ Million)		2023		2023		2022		Change		Change
Net Revenues		53,535		52,279		66,652		+2.4 %		-19.7 %
		Sept		Aug		Sept		Sequential		YoY
(US$ Million)		2023		2023		2022		Change		Change
Net Revenues		1,681		1,655		2,176		+1.6 %		-22.7 %
		Q3		Q2		Q3		Sequential		YoY
(NT$ Million)		2023		2023		2022		Change		Change
Net Revenues		154,167		136,275		188,626		+13.1 %		-18.3 %
		Q3		Q2		Q3		Sequential		YoY
(US$ Million)		2023		2023		2022		Change		Change
Net Revenues		4,899		4,457		6,264		+9.9 %		-21.8 %

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

ATM NET REVENUES (UNAUDITED)

		Sept		Aug		Sept		Sequential		YoY
(NT$ Million)		2023		2023		2022		Change		Change
Net Revenues		28,375		28,497		32,504		-0.4 %		-12.7 %
		Sept		Aug		Sept		Sequential		YoY
(US$ Million)		2023		2023		2022		Change		Change
Net Revenues		891		902		1,061		-1.2 %		-16.0 %
		Q3		Q2		Q3		Sequential		YoY
(NT$ Million)		2023		2023		2022		Change		Change
Net Revenues		83,684		76,108		98,831		+10.0 %		-15.3 %
		Q3		Q2		Q3		Sequential		YoY
(US$ Million)		2023		2023		2022		Change		Change
Net Revenues		2,660		2,489		3,284		+6.9 %		-19.0 %

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

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 2022 Annual Report on Form 20-F filed on April 10, 2023.

Investor Relations Contact:

ir@aseglobal.com Tel: +886.2.6636.5678 https://www.aseglobal.com

 

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SOURCE ASE Technology Holding Co., Ltd.

FAQ

What are the unaudited consolidated net revenues for September?

The unaudited consolidated net revenues for September were NT$53,535 million and US$1,681 million.

How did the net revenues for the 3rd quarter of 2023 change compared to the previous quarter?

The net revenues for the 3rd quarter of 2023 increased by 13.1% compared to the previous quarter.

What is the change in net revenues for ATM assembly, testing, and material business in September compared to August?

The net revenues for ATM assembly, testing, and material business decreased by 0.4% in September compared to August.

What is the change in net revenues for ATM assembly, testing, and material business compared to the same period last year?

The net revenues for ATM assembly, testing, and material business decreased by 12.7% compared to the same period last year.