力積電's Q3 Results Imply 47.6% Gross Margin After Price Hikes
Photo: TokenPost
Foundry 力積電 (6770) shifted to core manufacturing profit in the third quarter, with preliminary figures implying a 47.6% gross margin as higher wafer pricing flowed into results. The company released preliminary results on Oct. 21: revenue was NT$21.34 billion, gross profit was NT$10.15 billion and net income was NT$6.5 billion. Earnings per share were NT$1.38. The 47.6% gross margin is calculated from the preliminary, self-compiled results, which had not yet been reviewed by an accountant. Gross margin was 28.28% in Q2, up from 10.23% in Q1. Revenue increased about 23% from Q2 and about 80% from Q3 a year earlier.
Source: TokenPost
