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

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ASE Technology Holding Co., Ltd. (ASX) announces revised unaudited consolidated net revenues for January 2024, showing a 5.0% sequential decrease but a 5.0% year-over-year increase. The net revenues for ATM assembly, testing, and material business also experienced a 5.0% sequential decrease but a 2.1% year-over-year increase.
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  • ASE Technology Holding Co., Ltd. (ASX) released its unaudited consolidated net revenues for January 2024, revealing a 5.0% sequential decrease from December 2023 but a 5.0% year-over-year increase from January 2023.
  • The net revenues for ATM assembly, testing, and material business also saw a 5.0% sequential decrease from December 2023 but a 2.1% year-over-year increase from January 2023.
  • The press release emphasizes compliance with Taiwan regulatory requirements and includes a Safe Harbor Notice.
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  • None.

TAIPEI, Feb. 15, 2024 /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its revised unaudited consolidated net revenues for January 2024.

CONSOLIDATED NET REVENUES (UNAUDITED)



Jan


Dec


Jan


Sequential


YoY

(NT$ Million)


2024


2023


2023


Change


Change

Net Revenues


47,390


49,906


45,131


-5.0 %


+5.0 %














Jan


Dec


Jan


Sequential


YoY

(US$ Million)


2024


2023


2023


Change


Change

Net Revenues


1,525


1,589


1,477


-4.0 %


+3.3 %

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

ATM NET REVENUES (UNAUDITED)



Jan


Dec


Jan


Sequential


YoY

(NT$ Million)


2024


2023


2023


Change


Change

Net Revenues


24,894


26,218


24,371


-5.0 %


+2.1 %














Jan


Dec


Jan


Sequential


YoY

(US$ Million)


2024


2023


2023


Change


Change

Net Revenues


801


835


798


-4.0 %


+0.4 %

*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. 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.  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 2022 Annual Report on Form 20-F filed on April 10, 2023.

Investor Relations Contact:

ir@aseglobal.com

Tel: +886.2.6636.5678

https://www.aseglobal.com

 

Cision View original content:https://www.prnewswire.com/news-releases/ase-technology-holding-co-ltd-announces-monthly-net-revenues-302062504.html

SOURCE ASE Technology Holding Co., Ltd.

FAQ

What are the revised unaudited consolidated net revenues for ASE Technology Holding Co., Ltd. (ASX) in January 2024?

ASE Technology Holding Co., Ltd. (ASX) reported consolidated net revenues of NT$47,390 million and US$1,525 million for January 2024.

How do the net revenues for ATM assembly, testing, and material business compare in January 2024?

The net revenues for ATM assembly, testing, and material business were NT$24,894 million and US$801 million in January 2024.

What was the sequential change in net revenues for ASE Technology Holding Co., Ltd. (ASX) from December 2023 to January 2024?

ASE Technology Holding Co., Ltd. (ASX) experienced a -5.0% sequential change in net revenues from December 2023 to January 2024.

How did the year-over-year net revenues change for ASE Technology Holding Co., Ltd. (ASX) in January 2024?

ASE Technology Holding Co., Ltd. (ASX) saw a +5.0% year-over-year change in net revenues in January 2024.

What regulatory requirements does the press release mention?

The press release mentions compliance with Taiwan regulatory requirements.

ASE Technology Holding Co., Ltd.

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About ASX

Advanced Semiconductor Engineering, Inc., also known as ASE Group, is a provider of independent semiconductor assembling and test manufacturing services, with its headquarters in Kaohsiung, Taiwan.