Earnings per ordinary share for the quarter was NT$2.19. Earnings per ADS was US$0.345. The basic weighted average number of outstanding shares in 3Q22 was 12,305,516,644, compared with 12,283,479,334 shares in 2Q22 and 12,206,292,756 shares in 3Q21. The diluted weighted average number of outstanding shares was 12,635,661,561 in 3Q22, compared with 12,553,373,552 shares in 2Q22 and 12,411,100,649 shares in 3Q21. The fully diluted shares counted on September 30, 2022 were approximately 12,679,025,000.
Detailed Financials Section
Operating revenues increased to NT$75.39 billion. COGS increased 3.0% to NT$39.73 billion, which included 3.9% sequential increase in other manufacturing costs. Gross profit grew 6.5% QoQ to NT$35.66 billion. Operating expenses increased 1.3% QoQ to NT$6.79 billion, as Sales & Marketing grew 15.9% to NT$1.06 billion while R&D was up 3.0% QoQ to NT$3.30 billion, representing 4.4% of revenue. Net other operating income was NT$1.29 billion. In 3Q22, operating income grew 7.1% QoQ to NT$30.16 billion.
COGS & Expenses |
||||||||||
(Amount: NT$ million) |
3Q22 |
2Q22 |
QoQ %
|
3Q21 |
YoY %
|
|||||
Operating Revenues |
75,392 |
72,055 |
4.6 |
55,907 |
34.9 |
|||||
COGS |
(39,728) |
(38,583) |
3.0 |
(35,363) |
12.3 |
|||||
Depreciation |
(9,622) |
(9,616) |
0.1 |
(9,900) |
(2.8) |
|||||
Other Mfg. Costs |
(30,106) |
(28,967) |
3.9 |
(25,463) |
18.2 |
|||||
Gross Profit |
35,664 |
33,472 |
6.5 |
20,544 |
73.6 |
|||||
Gross Margin (%) |
47.3% |
46.5% |
|
36.8% |
|
|||||
Operating Expenses |
(6,794) |
(6,706) |
1.3 |
(6,636) |
2.4 |
|||||
G&A |
(2,428) |
(2,579) |
(5.9) |
(2,119) |
14.6 |
|||||
Sales & Marketing |
(1,061) |
(915) |
15.9 |
(1,212) |
(12.5) |
|||||
| R&D |
(3,304) |
(3,209) |
3.0 |
(3,303) |
0.0 |
|||||
|
Expected Credit
|
(1) |
(3) |
(75.8) |
(2) |
(68.6) |
|||||
|
Net Other Operating
|
1,287 |
1,398 |
(8.0) |
1,227 |
4.9 |
|||||
| Operating Income |
30,157 |
28,164 |
7.1 |
15,135 |
99.3 |
|||||
