The following is a summary of the ASE Technology Holding Co., Ltd. (ASX) Q3 2024 Earnings Call Transcript:
Financial Performance:
ASE Technology recorded a Q3 2024 EPS of TWD2.17 (fully diluted) and TWD2.24 (basic).
Net revenues for Q3 increased 14% sequentially and 4% year-over-year, with a consolidated net income of TWD9.7 billion.
Gross margin improved by 0.1 percentage points sequentially to 16.5%, and operating profit increased by TWD2.5 billion sequentially.
Business Progress:
Continuous investment in leading-edge advanced packaging revenue, expecting a doubling for fiscal year 2025.
Increased focus on advanced and leading-edge services in response to strong demand, especially in AI and high-performance computing (HPC).
Implementation of cost control measures including changes in production following typhoons and adjusted utility costs.
Opportunities:
Substantial growth opportunities in packaging and testing for leading-edge products.
Anticipated strong demand for advanced interconnect technologies and services going into 2025.
Risks:
Operating margin pressure due to higher operating leverage, unforeseen utility costs increases, and potential impact from NT dollar fluctuations.
Seasonal fluctuations and market demand shifts impacting EMS business revenue and margins.
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
