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Technology Stocks : Taiwan Semiconductors (TSMC)

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To: battle beast who wrote (11)10/9/1997 9:39:00 AM
From: .com   of 26
 
Don't have a prospectus yet. I usually don't get one until a week or do after a new company starts trading (my broker doesn't know until a day before an issue begins trading how many shares, if any, he gets, and since MS has so many IPOs, I don't request a prospectus for everything that is eventually coming public). Below is info from their last year end statement which might help. Lots of info can be found on their home page.

1996 Sales and Net Income Report

Issued by : Taiwan Semiconductor Manufacturing Company Ltd.
Issued date : February 11, 1997

Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) announced today the company's year-end results for 1996. Net sales in 1996 were
NT$39.4 billion, net income was NT$19.4 billion, and earnings per share were NT$7.31.

TSMC had a great year in 1996, especially in contrast to the industry as a whole. TSMC's sales climbed 37% to NT$39.4 billion, a new record for
TSMC, compared to a 10% decline in sales for the semiconductor industry. Profits also rose 28.6% to NT$19.4 billion. Both sales and profits
surpassed the targets re-adjusted in last September. TSMC again showed in 1996 that it is well-prepared to meet challenges presented by the industry
and the competition.

Sales and net income report: (NT$million)

1996
1995
change from 95 to 96
Sales
39,400
28,766
37.0%
Net income
19,401
15,081
28.6%
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