TSMC third quarter profit of 24 billion 488 million than last year, down 12.3%

Taiwan integrated circuit manufacturing Limited by Share Ltd today announced the 2005 third quarter financial report, the revenue of approximately NT $69 billion 258 million, after tax net Yiyue NT $24 billion 488 million, earnings per share for NT $0.99 (converted into American depositary receipts of $0.15 per unit).

The report shows that, compared with the previous quarter, TSMC third quarter revenue increased by 18.4% this year, after tax net profit and earnings per share increased by more than $33.3%. Compared with the same period last year, TSMC third quarter revenue decreased by 0.7% this year, after tax net profit and earnings per share were reduced by $12.3% and $12.2%.

He Limei, deputy general manager of the company's financial officer and spokesman, said the third quarter revenue increased by more than the second quarter of 18.4%, mainly due to wafer shipments increased by 19.8%. In addition, due to the increase in capacity utilization and favorable exchange rate factors, making the third quarter gross margin increased from the previous quarter to $44.1% to $39.7%. Revenues from 0.13 micron and more advanced processes accounted for a quarter of the wafer sales in the third quarter of, the same as the previous quarter, of which the company's revenue has risen to the top of the 90 nanometer process technology to full quarter wafer sales of $10%. In addition, the third quarter of the total capacity utilization rate of 96%, operating margin increased from the previous quarter to the rate of up to 36%, while the net interest rate rose from the previous quarter, up to 35.4% of the.

He Limei, deputy general manager, said further, due to the continued growth of customer demand, resulting in the actual performance of the company in the third quarter of the company's performance is better than the previous forecast. According to the current business situation, four Taiwan semiconductor company's performance will continue to grow, between the expected revenue of between NT $77 billion to 79 billion yuan, the total production capacity utilization rate is about 100%, gross margin reached 47% to 49%, operating profit rate is about 40%.