ASE Technology Holding Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
October 26, 2023 at 02:45 am EDT
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ASE Technology Holding Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was TWD 154,167 million compared to TWD 188,626 million a year ago. Net income was TWD 8,776 million compared to TWD 17,465 million a year ago. Basic earnings per share from continuing operations was TWD 2.04 compared to TWD 4.03 a year ago. Diluted earnings per share from continuing operations was TWD 2 compared to TWD 3.92 a year ago.
For the nine months, revenue was TWD 421,333 million compared to TWD 493,456 million a year ago. Net income was TWD 22,333 million compared to TWD 46,360 million a year ago. Basic earnings per share from continuing operations was TWD 5.2 compared to TWD 10.74 a year ago. Diluted earnings per share from continuing operations was TWD 5.05 compared to TWD 10.34 a year ago.
ASE Technology Holding Co., Ltd. is mainly engaged in the general investment business. The Company provides customers with three types of services. Integrated Circuit (IC) services consists of packaging services, including packaging and module design, IC packaging, and multi-chip packaging; testing services, including previous testing, wafer pin testing and finished product testing, as well as materials, including substrate design and manufacturing. Electronic manufacturing service business are involved in the development and design of communication, consumer electronics, computers, storage, industrial, automotive electronics and other types of electronic products, the material procurement business, logistics, maintenance and other after-sales services. Other services include real estate development, construction, home sales property management and shopping mall rental business. The Company distributes its products to the United States, Taiwan, Europe, Asia and other regions.