The combined pretax profit of Taiwan Stock Exchange (TWSE)-listed firms grew 24.55 percent year-on-year to NT$2.31 trillion (US$77.02 billion) in the first half of this year, with the semiconductor, shipping and electronic components sectors contributing the most, the exchange said yesterday.
In the first six months of the year, the 853 listed companies — excluding 34 financial firms and two companies that did not submit second-quarter financial reports, Chung Fu Tex-International Co (中福) and Roo Hsing Co (如興) — reported combined revenue of NT$18.14 trillion, up 14.21 percent from a year earlier, the TWSE said.
The combined revenue of semiconductor companies expanded 27.2 percent to NT$2.41 trillion due to increased demand for 5G products, high-performance computing devices and automotive chips, it said.
Photo: CNA
Large-cap companies such as Taiwan Semiconductor Manufacturing Co (台積電), MediaTek Inc (聯發科) and ASE Technology Holding Co (日月光投控) topped the list in terms of revenue, the exchange said, adding that small-cap firms also posted bigger increases in first-half revenue.
IC designer Faraday Technology Corp’s (智原) revenue in the first six months grew 103 percent to NT$6.57 billion and Winway Technology Co (穎崴科技), which provides semiconductor testing interfaces, reported that revenue rose 56 percent to NT$1.85 billion from a year earlier, the TWSE said.
Companies in the transportation sector, such as cargo shippers, airlines, logistics firms and forwarding companies, reported a rise on combined revenue of 60 percent to NT$952 billion in the first half on the back of high freight rates, it said.
The combined revenue of makers of electronic components grew 12 percent to NT$941 billion, led by Hotron Precision Electronic Industrial Co (鴻碩) and Cheer Time Enterprise Co (晟鈦), it said.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle
RSS