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ChipMOS Technologies Q2 net revenue $147.6 million

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Staff Writer | August 9, 2018
ChipMOS Technologies reported unaudited consolidated financial results for the second quarter ended June 30, 2018.
ChipMOS Technologies
ChipMOS Technologies   Net profit was $4.1 million
All U.S. dollar figures cited in this press release are based on the exchange rate of NT$30.43 against $1.00 as of June 29, 2018.

All the figures were prepared in accordance with Taiwan-International Financial Reporting Standards (Taiwan-IFRS).

Net revenue for the second quarter of 2018 was NT$4,491.6 million or $147.6 million, an increase of 12.0% from NT$4,010.9 million or $131.8 million in the first quarter of 2018 and a decrease of 1.1% from NT$4,541.2 million or $149.2 million for the same period in 2017.

Net profit attributable to equity holders of the company for the second quarter of 2018 was NT$124.1 million or $4.1 million, and NT$0.15 or $0.005 per basic common share and NT$0.14 or $0.005 per diluted common share, as compared to net profit attributable to equity holders of the company for the first quarter of 2018 of NT$22.8 million or $0.7 million, and NT$0.03 or $0.001 per basic common share and NT$0.03 or $0.001 per diluted common share, and compared to net profit attributable to equity holders of the company in the second quarter of 2017 of NT$321.4 million or $10.6 million, and NT$0.38 or $0.01 per basic common share and NT$0.38 or $0.01 per diluted common share.

Net earnings for the second quarter of 2018 were $0.10 per diluted ADS, compared to $0.02 per diluted ADS for the first quarter of 2018 and $0.25 per diluted ADS in the second quarter of 2017. Net profit in the second quarter of 2018 reflects the adverse impact of higher depreciation and withholding expenses.


 

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