25.07.2018 10:48:10

UMC Q2 Profit Climbs On Higher Revenues - Quick Facts

(RTTNews) - Semiconductor foundry United Microelectronics Corp. (UMC) reported Wednesday a 74.3 percent surge in second-quarter net profit attributable to stockholders to NT$3.66 billion or $120 million from last year's NT$2.10 billion or $69 million.

Earnings per share climbed to NT$0.30 from NT$0.17 last year. Earnings per ADS for the quarter rose to $0.049 from $0.028 a year ago.

Net operating revenues for the quarter went up 3.5 percent to NT$38.85 billion or $1.28 billion from NT$37.54 billion in the same quarter last year.

Looking ahead for the third quarter, the company expects gross profit margin to be in the mid-teens percentage range.

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