TSMC Reports Third Quarter EPS of NT$3.90

Hsin­chu, Tai­wan, R.O.C., Oct. 17, 2019 — TSMC today announ­ced con­so­li­da­ted reve­nue of NT$293.05 bil­li­on, net inco­me of NT$101.07 bil­li­on, and diluted ear­nings per share of NT$3.90 (US$0.62 per ADR unit) for the third quar­ter ended Sep­tem­ber 30, 2019.

Year-over-year, third quar­ter reve­nue increased 12.6% while net inco­me and diluted EPS both increased 13.5%. Com­pared to second quar­ter 2019, third quar­ter results repre­sen­ted a 21.6% increase in reve­nue and a 51.4% increase in net inco­me. All figu­res were pre­pared in accordance with TIFRS on a con­so­li­da­ted basis.

In US dol­lars, third quar­ter reve­nue was $9.40 bil­li­on, which increased 10.7% year-over-year and increased 21.3% from the pre­vious quarter.

Gross mar­gin for the quar­ter was 47.6%, ope­ra­ting mar­gin was 36.8%, and net pro­fit mar­gin was 34.5%.

In the third quar­ter, ship­ments of 7‑nanometer accoun­ted for 27% of total wafer reve­nue and 10-nano­me­ter pro­cess tech­no­lo­gy con­tri­bu­ted 2% while 16-nano­me­ter accoun­ted for 22%. Advan­ced tech­no­lo­gies, defi­ned as 16-nano­me­ter and more advan­ced tech­no­lo­gies, accoun­ted for 51% of total wafer revenue.