TSMC’s third quarter net profit was approximately 19.96 billion yuan, a year-on-year decrease of 0.9%.

On October 18th, Taiwanese semiconductor manufacturer TSMC announced its third quarter financial report today.
According to the report, TSMC’s consolidated revenue for the third quarter was approximately NT$26,030.5 billion (approximately RMB58.35 billion), and the net profit after tax was approximately NT$89.07 billion (approximately RMB 19.96 billion).
TSMC said that compared with the same period in 2017, revenue in the third quarter of 2018 increased by 3.3%, and net profit after tax and earnings per share decreased by 0.9%. Compared with the previous quarter, revenue in the third quarter of 2018 increased by 11.6%, and net profit after tax increased by 23.2%.
In the US dollar, the third quarter of 2018 revenue was $8.49 billion, an increase of 8.1% from the previous quarter and an increase of 1.9% from the same period in 2017.
In the third quarter of 2018, the gross profit margin was 47.4%, the operating profit ratio was 36.6%, and the post-tax net profit margin was 34.2%.
TSMC said that 7-nanometer process shipments accounted for 11% of TSMC’s wafer sales in the third quarter of 2018; 10nm process shipments and 16/20nm process shipments accounted for 6% and 25% of all-season wafer sales respectively. %. Overall, revenue from advanced processes (including 28nm and more advanced processes) reached 61% of all-season wafer sales.
On Wednesday, TSMC (NYSE: TSM) fell 1.1% to $39.57, with a total market capitalization of about $205.123 billion.
Founded in 1987, TSMC is the world‘s largest wafer fabrication semiconductor manufacturing company, including Apple, Qualcomm and others. Its headquarters is located in Hsinchu Science and Technology Park, Hsinchu, Taiwan. TSMC shares are listed on the Taiwan Stock Exchange under the ticker symbol 2330, and American Depositary Receipts are listed on the New York Stock Exchange under the symbol TSM.