Summary by Futu AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), a leading semiconductor manufacturer, reported a significant increase in revenue for July 2024. The company's consolidated net revenue for the month reached NT$256.95 billion, marking a 23.6% rise from June 2024 and a substantial 44.7% increase from July 2023. The total revenue from January to July 2024 amounted to NT$1.523 trillion, which is 30.5% higher than the same period the previous year. The report also detailed TSMC's financial activities, including funds lent to other parties, endorsements and guarantees, and financial derivative transactions. Notably, TSMC China and TSMC Development have outstanding loan amounts, while various TSMC subsidiaries have been provided with guarantees. The company's financial derivatives, both those applying and not applying hedge accounting, were also disclosed, showing outstanding notional amounts, mark-to-market values, and cumulative realized and unrealized profits or losses.