Business
TSMC reports a 68.7% rise in quarterly profit
TSMC reports quarterly net profit of NT$763.06 billion, up 68.7% from a year earlier.
By NewsCubby Editorial Desk · Published
TSMC reported third-quarter net income of NT$763.06 billion on Thursday, up 68.7% from a year earlier. Revenue rose 50.9% to NT$1,494.24 billion in the quarter ended September 30. Diluted earnings per share reached NT$29.43. The company’s management report said demand for its leading-edge technologies supported the results. High-performance computing accounted for 68% of revenue. The revenue growth figures here are measured in Taiwan dollars.
Photograph: 4300streetcar. TSMC Fab18, Southern Taiwan Science Park; illustrative file photo, not this earnings announcement Placed and cropped in established branded card template; no synthetic event photograph