Taiwan Semicon Mfg 1H Net NT$23.58B Vs NT$10.11B
EPS NT$2.12 Vs NT$1.01
TAIPEI (Dow Jones)--Taiwan Semiconductor Manufacturing Co. (TSM) posted a net profit of NT$23.58 billion during the first half of 2000, up 133% from NT$10.11 billion a year previously, the world's largest dedicated chip foundry said on Monday.
Net sales for the first six months of the year came in at NT$64.92 billion, up 118% from NT$29.73 billion during the same period in 1999, according to a press release.
Meanwhile, earnings-per-share amounted to NT$2.12, compared with NT$1.01 a year previously.
First-half EPS for 2000 was based on 11,110,016,000 weighted average outstanding shares, while last year's EPS was based on 9,990,850,000 outstanding shares, the company noted.
TSMC's total outstanding shares amount to 11,689,365,000 shares.
2Q Net +122% At NT$13.35B
TSMC's net profit for the April-June period, meanwhile, came in at NT$13.35 billion, up 122% from a year previously.
Sales during the second quarter rose 85% to NT$31.81 billion, the chipmaker said.
Quarter-on-quarter, TSMC's second quarter net profit grew 32%, while net sales rose 12.5%.
Second quarter wafer shipments hit a record high of 697,000 eight-inch equivalent wafers as monthly capacity utilization rate exceeded 100%, it added.
Investment income also hit NT$398 million, compared with a loss during the same period in 1999, amid an improved performance by units Vanguard International Semiconductor Corp. and Wafertech.
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Taiwan Semiconductor H1 profits beat forecasts
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