ChipMOS REPORTS THIRD QUARTER 2024 RESULTS
ChipMOS Technologies reported Q3 2024 financial results showing revenue of NT$6,068.0 million (US$191.7 million), marking a 4.4% increase from Q2 2024 and 8.7% growth from Q3 2023. The company maintained a healthy utilization rate of 67%. Net profit was NT$299.4 million (US$9.5 million), with earnings of NT$0.41 per basic common share. Q3 results were impacted by a foreign exchange loss of NT$73 million. The company maintains strong liquidity with cash and equivalents of NT$13,776.6 million (US$435.3 million).
ChipMOS Technologies ha riportato i risultati finanziari del terzo trimestre del 2024, evidenziando un fatturato di NT$6.068,0 milioni (US$191,7 milioni), che segna un aumento del 4,4% rispetto al secondo trimestre del 2024 e una
ChipMOS Technologies informó los resultados financieros del tercer trimestre de 2024, con ingresos de NT$6,068.0 millones (US$191.7 millones), lo que representa un aumento del 4.4% respecto al segundo trimestre de 2024 y un crecimiento del 8.7% en comparación con el tercer trimestre de 2023. La compañía mantuvo una tasa de utilización saludable del 67%. La ganancia neta fue de NT$299.4 millones (US$9.5 millones), con ganancias de NT$0.41 por acción común básica. Los resultados del tercer trimestre se vieron afectados por una pérdida de cambio de NT$73 millones. La empresa mantiene una fuerte liquidez con efectivo y equivalentes de NT$13,776.6 millones (US$435.3 millones).
ChipMOS Technologies는 2024년 3분기 재무 결과를 발표하며 수익이 NT$6,068.0백만(미화 1억 9,170만 달러)으로, 2024년 2분기 대비 4.4% 증가하고, 2023년 3분기 대비 8.7% 성장했다고 전했습니다. 회사는 67%의 건강한 가동률을 유지했습니다. 순이익은 NT$299.4백만(미화 950만 달러)으로 기본 보통주당 수익은 NT$0.41입니다. 3분기 결과는 NT$73백만의 외환 손실로 영향을 받았습니다. 회사는 NT$13,776.6백만(미화 4억 3,530만 달러)의 현금 및 현금성 자산으로 강력한 유동성을 유지하고 있습니다.
ChipMOS Technologies a annoncé ses résultats financiers pour le troisième trimestre 2024, affichant un chiffre d'affaires de NT$6,068.0 millions (US$191.7 millions), ce qui représente une augmentation de 4,4% par rapport au deuxième trimestre 2024 et une croissance de 8,7% par rapport au troisième trimestre 2023. L'entreprise a maintenu un taux d'utilisation sain de 67%. Le bénéfice net s'est établi à NT$299,4 millions (US$9,5 millions), avec un bénéfice de NT$0,41 par action ordinaire de base. Les résultats du troisième trimestre ont été impactés par une perte de change de NT$73 millions. L'entreprise conserve une forte liquidité avec des liquidités et équivalents atteignant NT$13,776.6 millions (US$435,3 millions).
ChipMOS Technologies berichtete über die Finanzergebnisse für das dritte Quartal 2024, mit einem Umsatz von NT$6.068,0 Millionen (US$191,7 Millionen), was einem Anstieg von 4,4% gegenüber dem zweiten Quartal 2024 und einem Wachstum von 8,7% im Vergleich zum dritten Quartal 2023 entspricht. Das Unternehmen hielt eine gesunde Auslastungsrate von 67% aufrecht. Der Nettogewinn betrug NT$299,4 Millionen (US$9,5 Millionen), mit einem Gewinn von NT$0,41 pro Stammaktie. Die Ergebnisse des dritten Quartals wurden durch einen Währungsverlust von NT$73 Millionen beeinflusst. Das Unternehmen verfügt über eine starke Liquidität mit liquiden Mitteln und Äquivalenten in Höhe von NT$13.776,6 Millionen (US$435,3 Millionen).
- Revenue increased 4.4% QoQ and 8.7% YoY to NT$6,068.0 million
- Healthy utilization rate at 67%
- Strong cash position of NT$13,776.6 million (US$435.3 million)
- Net profit decreased from NT$450.6 million in Q2 2024 to NT$299.4 million in Q3 2024
- Foreign exchange loss of NT$73 million in Q3 2024
- Net free cash outflow of NT$400.6 million for first nine months of 2024
Insights
ChipMOS's Q3 2024 results show mixed performance. While revenue grew
The
The reduced EPS of
4.4% Increase in 3Q24 Revenue Compared to 2Q24,8.7% Growth Compared to 3Q233.4% Expansion of 3Q24 Gross Profit Compared to 2Q24- Overall Utilization Rate Remains Healthy at
67% - Net Earnings of
NT per Basic Common Share or$0.41 US per Basic ADS Compared to Net Earnings of$0.26 NT per Basic Common Share or$0.62 US per Basic ADS in 2Q24$0.39 - Strong Financial Position and Liquidity with
NT or$13,776.6 Million US Balance of Cash and Cash Equivalents$435.3 Million
HSINCHU,
All the figures were prepared in accordance with Taiwan-International Financial Reporting Standards ("Taiwan-IFRS").
Revenue for the third quarter of 2024 was
Net non-operating expenses in the third quarter of 2024 were
Net profit attributable to equity holders of the Company for the third quarter of 2024 was
Net free cash outflow for the first nine months of 2024 was
Third Quarter 2024 Investor Conference Call / Webcast Details
Date: Tuesday, November 5, 2024
Time: 4:00PM
Dial-In: +886-2-33961191
Password: 1625505 #
Webcast and Replay: https://www.chipmos.com/chinese/ir/info2.aspx
Replay: Starts approximately 2 hours after the live call ends
Language: Mandarin
Note: A transcript will be provided on the Company's website in English following the conference call to help ensure transparency, and to facilitate a better understanding of the Company's financial results and operating environment.
About ChipMOS TECHNOLOGIES INC.:
ChipMOS TECHNOLOGIES INC. ("ChipMOS" or the "Company") (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in
Forward-Looking Statements
This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as 'believes,' 'expects,' 'anticipates,' 'projects,' 'intends,' 'should,' 'seeks,' 'estimates,' 'future' or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company's most recent Annual Report on Form 20-F filed with the
Contacts: In Jesse Huang ChipMOS TECHNOLOGIES INC. +886-6-5052388 ext. 7715 |
In the David Pasquale Global IR Partners +1-914-337-8801 |
View original content:https://www.prnewswire.com/news-releases/chipmos-reports-third-quarter-2024-results-302296280.html
SOURCE ChipMOS TECHNOLOGIES INC.
FAQ
What was ChipMOS (IMOS) revenue in Q3 2024?
How much did ChipMOS (IMOS) earnings per share decrease in Q3 2024?
What was ChipMOS (IMOS) utilization rate in Q3 2024?
How much cash does ChipMOS (IMOS) have as of Q3 2024?
