TSMC third-quarter net profit surpassed US$5 billion, increase of 20%

TSMC released its third-quarter financial report. In this quarter, their revenue was close to 15 billion U.S. dollars and net profit exceeded 5 billion U.S. dollars again. TSMC’s financial report shows that their revenue in the third quarter was 14.878 billion U.S. dollars, an increase of 2.74 billion U.S. dollars from the 12.138 billion U.S. dollars in the third quarter of last year, a year-on-year increase of 22.6%.

Moreover, in terms of net profit, the financial report showed that it was 5.614 billion U.S. dollars, compared with 4.678 billion U.S. dollars in the third quarter of last year, an increase of 936 million U.S. dollars and a year-on-year increase of 20%.

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Compared with the previous quarter, TSMC’s third-quarter revenue and net profit also increased significantly. In the second quarter of this year, TSMC’s revenue was 13.289 billion U.S. dollars and its net profit was 4.802 billion U.S. dollars.

In terms of profit margins, the financial report showed that TSMC’s gross profit margin in the third quarter was 51.3%, the operating profit margin was 41.2%, and the net profit margin was 37.7%.

Besides, in the second-quarter financial report released on July 15, TSMC expects third-quarter revenue of $14.6-14.9 billion, gross profit margin of 49.5%-51.5%, operating profit margin of 38.5%-40.5%, and finally three key achievements of TSMC. The indicators have all reached expectations, and the operating profit margin has topped expectations.