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

ASE Technology Holding Co., (ASX) reported April 2024 consolidated net revenues of NT$ 45,820 million (+0.3% sequentially, +5.8% YoY) and US$ 1,430 million (-1.3% sequentially, +0.3% YoY).

Rhea-AI Summary

ASE Technology Holding Co., (ASX) reported April 2024 consolidated net revenues of NT$ 45,820 million (+0.3% sequentially, +5.8% YoY) and US$ 1,430 million (-1.3% sequentially, +0.3% YoY). ATM net revenues were NT$ 25,188 million (-2.1% sequentially, +8.0% YoY) and US$ 786 million (-3.7% sequentially, +2.4% YoY).

Positive

• Consolidated net revenues increased both sequentially and YoY, showing growth in the company's performance.

Negative

• ATM net revenues decreased sequentially, which may indicate challenges in that segment of the business.

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TAIPEI, May 9, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for April 2024.

CONSOLIDATED NET REVENUES (UNAUDITED)

		Apr		Mar		Apr		Sequential		YoY
(NT$ Million)		2024		2024		2023		Change		Change
Net Revenues		45,820		45,661		43,315		+0.3 %		+5.8 %
		Apr		Mar		Apr		Sequential		YoY
(US$ Million)		2024		2024		2023		Change		Change
Net Revenues		1,430		1,449		1,426		-1.3 %		+0.3 %

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

ATM NET REVENUES (UNAUDITED)

		Apr		Mar		Apr		Sequential		YoY
(NT$ Million)		2024		2024		2023		Change		Change
Net Revenues		25,188		25,723		23,321		-2.1 %		+8.0 %
		Apr		Mar		Apr		Sequential		YoY
(US$ Million)		2024		2024		2023		Change		Change
Net Revenues		786		816		768		-3.7 %		+2.4 %

*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. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. 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.  The announced results of the first quarter of 2024 are preliminary and subject to audit adjustments. 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

 

View original content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-announces-monthly-net-revenues-302140822.html

SOURCE ASE Technology Holding Co., Ltd.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the consolidated net revenues reported by ASE Technology Holding Co., for April 2024?

ASE Technology Holding Co., reported consolidated net revenues of NT$ 45,820 million and US$ 1,430 million for April 2024.

How did the net revenues for ATM assembly, testing, and material business perform in April 2024?

The net revenues for ATM assembly, testing, and material business were NT$ 25,188 million and US$ 786 million in April 2024.