ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues*
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711), reported its unaudited consolidated net revenues for June and the second quarter of 2024.
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Rhea-AI Summary
ASE Technology Holding Co., (NYSE: ASX, TAIEX: 3711), reported its unaudited consolidated net revenues for June and the second quarter of 2024. June's net revenues were NT$46,925 million (US$1,454 million), showing a slight 1.2% decrease from May but a 0.4% increase compared to June 2023. For Q2 2024, net revenues were NT$140,238 million (US$4,351 million), up 5.6% sequentially and 2.9% year-over-year. The ATM assembly, testing, and material business saw June revenues of NT$26,058 million (US$808 million), a 1.9% decline both sequentially and year-over-year. Q2 revenues in the ATM segment rose to NT$77,813 million (US$2,414 million), a 5.3% sequential increase and 2.2% year-over-year growth.
Positive
- Consolidated net revenues for Q2 2024 increased by 5.6% sequentially and 2.9% year-over-year, reaching NT$140,238 million.
- Sequential increase in Q2 2024 net revenues of the ATM segment by 5.3%, totaling NT$77,813 million.
Negative
- June 2024 net revenues decreased by 1.2% sequentially and showed only a 0.4% year-over-year increase.
- ATM net revenues for June 2024 decreased by 1.9% sequentially and 1.9% year-over-year.
- ATM net revenues in Q2 2024 showed a 3.0% year-over-year decline.
Details
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CONSOLIDATED NET REVENUES (UNAUDITED)
Jun | May | Jun | Sequential | YoY | ||||||
(NT$ Million) | 2024 | 2024 | 2023 | Change | Change | |||||
Net Revenues | 46,925 | 47,493 | 46,722 | -1.2 % | +0.4 % | |||||
Jun | May | Jun | Sequential | YoY | ||||||
(US$ Million) | 2024 | 2024 | 2023 | Change | Change | |||||
Net Revenues | 1,454 | 1,467 | 1,523 | -0.9 % | -4.5 % | |||||
Q2 | Q1 | Q2 | Sequential | YoY | ||||||
(NT$ Million) | 2024 | 2024 | 2023 | Change | Change | |||||
Net Revenues | 140,238 | 132,803 | 136,275 | +5.6 % | +2.9 % | |||||
Q2 | Q1 | Q2 | Sequential | YoY | ||||||
(US$ Million) | 2024 | 2024 | 2023 | Change | Change | |||||
Net Revenues | 4,351 | 4,243 | 4,457 | +2.5 % | -2.4 % |
Net revenues for ATM assembly, testing and material business are as follows:
ATM NET REVENUES (UNAUDITED)
Jun | May | Jun | Sequential | YoY | ||||||
(NT$ Million) | 2024 | 2024 | 2023 | Change | Change | |||||
Net Revenues | 26,058 | 26,568 | 26,555 | -1.9 % | -1.9 % | |||||
Jun | May | Jun | Sequential | YoY | ||||||
(US$ Million) | 2024 | 2024 | 2023 | Change | Change | |||||
Net Revenues | 808 | 821 | 866 | -1.6 % | -6.7 % | |||||
Q2 | Q1 | Q2 | Sequential | YoY | ||||||
(NT$ Million) | 2024 | 2024 | 2023 | Change | Change | |||||
Net Revenues | 77,813 | 73,908 | 76,108 | +5.3 % | +2.2 % | |||||
Q2 | Q1 | Q2 | Sequential | YoY | ||||||
(US$ Million) | 2024 | 2024 | 2023 | Change | Change | |||||
Net Revenues | 2,414 | 2,361 | 2,489 | +2.3 % | -3.0 % |
*This press release is intended to comply with
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. 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
Investor Relations Contact:
ir@aseglobal.com Tel: +886.2.6636.5678 |
View original content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-announces-monthly-net-revenues-302191459.html
SOURCE ASE Technology Holding Co., Ltd.
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