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

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ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) has released its unaudited consolidated net revenues for August 2024. The company reported net revenues of NT$52,930 million (US$1,627 million), showing a 2.6% increase from July 2024 and a 1.2% year-over-year growth in NT$ terms. However, in US$ terms, there was a 1.7% year-over-year decrease.

For the ATM (assembly, testing, and material) business segment, net revenues were NT$29,175 million (US$897 million), representing a 6.3% increase from the previous month and a 2.4% year-over-year growth in NT$ terms. In US$ terms, ATM revenues showed a 0.6% year-over-year decline.

ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) ha rilasciato i suoi ricavi netti consolidati non verificati per agosto 2024. L'azienda ha riportato ricavi netti di NT$52.930 milioni (US$1.627 milioni), mostrando un aumento del 2,6% rispetto a luglio 2024 e una crescita dell'1,2% su base annuale in termini di NT$. Tuttavia, in termini di US$, si è registrata una riduzione dell'1,7% su base annuale.

Per il segmento di business ATM (assemblaggio, test e materiali), i ricavi netti sono stati NT$29.175 milioni (US$897 milioni), rappresentando un aumento del 6,3% rispetto al mese precedente e una crescita del 2,4% su base annuale in termini di NT$. In termini di US$, i ricavi ATM hanno mostrato un declino dello 0,6% su base annuale.

ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) ha publicado sus ingresos netos consolidados no auditados para agosto de 2024. La empresa informó ingresos netos de NT$52,930 millones (US$1,627 millones), mostrando un aumento del 2.6% en comparación con julio de 2024 y un crecimiento del 1.2% interanual en términos de NT$. Sin embargo, en términos de US$, se observó una disminución del 1.7% interanual.

Para el segmento de negocio ATM (ensamblaje, pruebas y materiales), los ingresos netos fueron NT$29,175 millones (US$897 millones), representando un aumento del 6.3% con respecto al mes anterior y un crecimiento del 2.4% interanual en términos de NT$. En términos de US$, los ingresos de ATM mostraron una disminución del 0.6% interanual.

ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711)은 2024년 8월 비감사 연결 순수익을 발표했습니다. 회사는 순수익이 NT$52,930 백만 (US$1,627 백만)임을 보고하며, 이는 2024년 7월 대비 2.6% 증가하고 NT$ 기준으로 전년 대비 1.2% 성장한 수치입니다. 그러나, US$ 기준으로는 전년 대비 1.7% 감소했습니다.

ATM (조립, 테스트 및 자재) 사업 부문에서는 순수익이 NT$29,175 백만 (US$897 백만)이며, 이는 전월 대비 6.3% 증가하고 NT$ 기준으로 전년 대비 2.4% 성장한 수치입니다. US$ 기준으로는 ATM 수익이 전년 대비 0.6% 감소했습니다.

ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) a publié ses revenus nets consolidés non audités pour août 2024. L'entreprise a rapporté des revenus nets de NT$52.930 millions (US$1.627 millions), affichant une augmentation de 2,6% par rapport à juillet 2024 et une croissance de 1,2% par rapport à l'année précédente en termes de NT$. Cependant, en termes de US$, une diminution de 1,7% par rapport à l'année précédente a été constatée.

Pour le segment d'activité ATM (assemblage, test et matériaux), les revenus nets étaient de NT$29.175 millions (US$897 millions), représentant une augmentation de 6,3% par rapport au mois précédent et une croissance de 2,4% par rapport à l'année précédente en termes de NT$. En termes de US$, les revenus d'ATM ont montré une diminution de 0,6% par rapport à l'année précédente.

ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711) hat seine ungeprüften konsolidierten Nettoumsätze für August 2024 veröffentlicht. Das Unternehmen berichtete von Nettoumsätzen in Höhe von NT$52.930 Millionen (US$1.627 Millionen), was einem Anstieg von 2,6% im Vergleich zu Juli 2024 entspricht und einem Jahreswachstum von 1,2% in NT$-Beträgen. In US$-Beträgen gab es jedoch einen Rückgang von 1,7% im Jahresvergleich.

Für das Geschäftsfeld ATM (Montage, Test und Material) betrugen die Nettoumsätze NT$29.175 Millionen (US$897 Millionen), was einem Anstieg von 6,3% gegenüber dem Vormonat entspricht und einem Jahreswachstum von 2,4% in NT$-Beträgen. In US$-Beträgen verzeichneten die ATM-Umsätze einen Rückgang von 0,6% im Jahresvergleich.

Positive
  • Net revenues increased 2.6% month-over-month to NT$52,930 million
  • Year-over-year revenue growth of 1.2% in NT$ terms
  • ATM business segment revenues grew 6.3% month-over-month
  • ATM revenues showed 2.4% year-over-year growth in NT$ terms
Negative
  • 1.7% year-over-year decrease in net revenues when measured in US$
  • ATM revenues declined 0.6% year-over-year in US$ terms

Insights

ASE Technology's August 2024 revenue report shows modest growth, with consolidated net revenues increasing by 2.6% month-over-month and 1.2% year-over-year in NT$ terms. However, in US$ terms, there's a 1.7% YoY decline, indicating potential currency fluctuation impacts.

The ATM (Assembly, Testing and Material) segment demonstrates stronger performance, with a 6.3% sequential increase in NT$ terms. This suggests improved demand in the semiconductor packaging and testing services, possibly driven by seasonal factors or market share gains.

While the growth is positive, it's relatively modest for a tech company, implying potential market saturation or competitive pressures. Investors should monitor future reports to identify if this represents a trend or a temporary fluctuation in the semiconductor industry cycle.

The semiconductor industry often experiences cyclical patterns and ASE's performance aligns with a gradual recovery phase. The slight YoY increase in NT$ terms suggests a stabilizing market after potential headwinds in previous quarters.

The stronger growth in the ATM segment (6.3% MoM) indicates a pickup in demand for advanced packaging and testing services. This could be driven by increased production in areas like 5G, AI, or automotive electronics, which require sophisticated packaging solutions.

However, the discrepancy between NT$ and US$ performance highlights the importance of currency risk management for multinational tech companies. Investors should consider how currency fluctuations might impact ASE's profitability and competitiveness in the global market.

TAIPEI, Sept. 10, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for August 2024.

CONSOLIDATED NET REVENUES (UNAUDITED)



Aug


Jul


Aug


Sequential


YoY

(NT$ Million)


2024


2024


2023


Change


Change

Net Revenues


52,930


51,596


52,279


+2.6 %


+1.2 %














Aug


Jul


Aug


Sequential


YoY

(US$ Million)


2024


2024


2023


Change


Change

Net Revenues


1,627


1,590


1,655


+2.3 %


-1.7 %

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

ATM NET REVENUES (UNAUDITED)



Aug


Jul


Aug


Sequential


YoY

(NT$ Million)


2024


2024


2023


Change


Change

Net Revenues


29,175


27,443


28,497


+6.3 %


+2.4 %














Aug


Jul


Aug


Sequential


YoY

(US$ Million)


2024


2024


2023


Change


Change

Net Revenues


897


846


902


+6.0 %


-0.6 %

*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 2023 Annual Report on Form 20-F filed on April 3, 2024.

Investor Relations Contact:

ir@aseglobal.com

Tel: +886.2.6636.5678

https://www.aseglobal.com



Cision View original content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-announces-monthly-net-revenues-302243052.html

SOURCE ASE Technology Holding Co., Ltd.

FAQ

What were ASE Technology Holding's (ASX) net revenues for August 2024?

ASE Technology Holding reported net revenues of NT$52,930 million (US$1,627 million) for August 2024.

How did ASE Technology Holding's (ASX) August 2024 revenues compare to the previous month?

ASE Technology Holding's August 2024 revenues increased by 2.6% compared to July 2024.

What was the year-over-year change in ASE Technology Holding's (ASX) net revenues for August 2024?

ASE Technology Holding's net revenues for August 2024 showed a 1.2% year-over-year increase in NT$ terms, but a 1.7% decrease in US$ terms.

How did ASE Technology Holding's (ASX) ATM business segment perform in August 2024?

The ATM business segment reported net revenues of NT$29,175 million (US$897 million), a 6.3% increase from July 2024 and a 2.4% year-over-year growth in NT$ terms.

ASE Technology Holding Co., Ltd.

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