TSMC’s Q2 gross profit margin hit a record high of 59.1% EPS of 9.14 yuan

TSMC’s gross profit margin continued to climb in the second quarter, reaching 59.1%, which was better than expected. The net profit attributable to the parent company was NT$237.03 billion, a new high, with a net profit of 9.14 yuan per share.

TSMC's Q2 gross profit margin hit a record high of 59.1% earnings per share of 9.14 yuan (file photo)

TSMC’s Q2 gross profit margin hit a record high of 59.1% earnings per share of 9.14 yuan (file photo)

TSMC held an online corporate briefing in the followingnoon to announce the operating results of the second quarter. TSMC’s revenue in the second quarter was US$18.16 billion, reaching the original target of US$17.6 billion to US$18.2 billion, or regarding NT$534.141 billion, a new high, with a quarterly increase of 8.8%.

In the second quarter, TSMC’s IoT and automotive electronics platform revenue increased by 14%, high-performance computing platform revenue increased by 13%, consumer electronics platform revenue increased by 5%, and smartphone platform revenue increased by 3%.

TSMC’s 7nm process accounted for regarding 30% in the second quarter, and 5nm accounted for 21%; advanced processes including 7nm and 5nm accounted for 51%.

Benefiting from favorable exchange rates and cost improvement benefits, TSMC’s gross profit margin in the second quarter was 59.1%, exceeding the original target of 56% to 58%, an increase of 3.5 percentage points from the first quarter; the net profit attributable to the parent company was 237.03 billion yuan, a quarterly increase of 16.9%. Continued to hit a new high, with a net profit of 9.14 yuan per share.

TSMC’s accumulated revenue in the first half of the year was 1.025 trillion yuan, an annual increase of 39.6%; the gross profit margin was 57.4%, an increase of 6.2 percentage points over the same period last year; the net profit attributable to the parent company was 439.76 billion yuan, an annual increase of 60.5%, and the net profit per share was 16.96 yuan.

(Editor-in-Chief: Zhuang Yanyu)

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