Seeking Alpha

TSMC Q4 net profit +7.7%; sees growth continuing in 2014

  • Taiwan Semiconductor Manufacturing Company's (TSM) Q4 net profit rose 7.7% on year to NT$44.81B (U.S.$1.49B) and topped consensus of NT$42B, boosted by growth from chips used in mobile devices.
  • Revenue climbed 11% to NT$145.81B.
  • EPS NT$1.73 (U.S.$0.29 per ADR unit).
  • TSMC expects double-digit growth in sales in 2014 and for profit to increase as well. However, it forecasts that Q1 sales will fall up to 6.7% on quarter to NT$136-138B, due to inventory corrections in the supply chain.
  • Share +1.9% in Taiwan. (PR)

Check out Seeking Alpha’s new Earnings Center

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs