taiwan semiconductor (TSM.US) third-quarter net profit after tax exceeds expectations, up 7.37% pre-market, at $201.3.
The group announced that the third quarter's consolidated revenue was approximately 759.69 billion New Taiwan Dollars, with a post-tax net profit of approximately 325.26 billion New Taiwan Dollars, exceeding the market's expected 300.2 billion New Taiwan Dollars. Earnings per share were 12.54 New Taiwan Dollars, equivalent to 1.94 US dollars per American Depositary Receipt.
Compared with the same period last year, revenue in the third quarter increased by 39%, and post-tax net profit and earnings per share both increased by 54.2%. Compared with the previous quarter, the third quarter's revenue increased by 12.8%, while post-tax net profit increased by 31.2%.