TSMC Reports Third Quarter EPS of NT$3.47

Hsinchu, Taiwan, R.O.C., Oct 19, 2017 -- TSMC today announced consolidated revenue of NT$252.11 billion, net income of NT$89.93 billion, and diluted earnings per share of NT$3.47 (US$0.57 per ADR unit) for the third quarter ended September 30, 2017.

Year-over-year, third quarter revenue decreased 3.2% while net income and diluted EPS both decreased 7.1%. Compared to second quarter 2017, third quarter results represented a 17.9% increase in revenue and a 35.7% increase in net income. All figures were prepared in accordance with TIFRS on a consolidated basis.

In US dollars, third quarter revenue was $8.32 billion, which increased 17.9% from the previous quarter and increased 1.5% year-over-year.

Gross margin for the quarter was 49.9%, operating margin was 38.9%, and net profit margin was 35.7%.

In the third quarter, shipments of 10-nanometer accounted for 10% of total wafer revenue; 16/20-nanometer process technology accounted for 24% of total wafer revenue; and advanced technologies, defined as 28-nanometer and more advanced technologies, accounted for 57% of total wafer revenue.

TSMC's 2017 Third Quarter Consolidated results:
(Unit: NT$ million, except for EPS)

^a: 3Q2017 figures have not bee approved by Board of Directors
^b: Based on 25,930 million weighted average outstanding shares