ASE Technology Declares October Net Revenues with Growth Insights
ASE Technology Holding Co., Ltd. Reports October Revenue Figures
ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711), known as ASEH, has released its unaudited consolidated net revenues for the recent month. The company has showcased impressive strides in its financial performance, particularly in net revenues, which reflect its solid position in the semiconductor manufacturing industry.
Financial Overview for October
In October, ASE's consolidated net revenues reached NT$ 56,426 million, marking a 1.5% increase from September's revenue of NT$ 55,579 million. Furthermore, when compared to the same month from the previous year, revenues showed a modest 0.5% growth from NT$ 56,167 million. These figures highlight ASE's resilience in a highly competitive market.
Comparison of Revenue Performance
The table below summarizes the company's net revenues over the recent months, capturing both year-over-year and sequential growth:
Net Revenues (NT$ Million)
- October 2024: 56,426
- September 2024: 55,579
- October 2023: 56,167
The modest growth in these numbers indicates a steady demand for ASE's services, underscoring its competitive advantages in the semiconductor sector.
ATM Assembly and Testing Revenues
ASE's net revenues from its ATM (Assembly, Testing and Material) business segment also displayed positive trends. In October, this segment generated NT$ 29,320 million, a slight increase of 0.5% from September 2024, which reported NT$ 29,172 million, and a notable increase of 3.5% year-over-year from NT$ 28,340 million.
Detailed ATM Revenue Insights
This data not only reflects the firm's operational efficiency but also the rising demand for advanced packaging technologies in the evolving semiconductor landscape.
- October 2024 ATM Revenues: 29,320
- September 2024 ATM Revenues: 29,172
- October 2023 ATM Revenues: 28,340
Positive Market Trends and Future Outlook
ASE Technology Holding's growth trajectory showcases its ability to adapt and thrive amid changing market conditions. The company attributes its continued success to innovation and a strong supply chain that meets rising global demand.
As the demand for semiconductor components expands significantly, ASE is strategically positioned to enhance revenue streams across its various business sectors. This is particularly relevant as technological advancements accelerate, particularly in electronics, automotive, and new AI applications.
Contact Information and Corporate Responsibility
ASEH remains committed to transparency in communications with stakeholders. The company emphasizes the need for ongoing dialogues about market challenges and strategies moving forward. For investor inquiries, ASE provides comprehensive support through their investor relations:
Investor Relations Contact:
- Telephone: +886.2.6636.5678
- Website: www.aseglobal.com
Frequently Asked Questions
1. What were ASE Technology's net revenues for October 2024?
A: ASE Technology reported net revenues of NT$ 56,426 million for October 2024.
2. How does October's revenue compare to September's?
A: October's revenues increased by 1.5% compared to September's NT$ 55,579 million.
3. What factors are driving ASE's revenue growth?
A: Key factors include operational efficiency, technological advancements, and an increase in global market demand.
4. How has the ATM business performed in revenue terms?
A: The ATM business reported revenues of NT$ 29,320 million in October 2024, showing sequential growth.
5. How can investors contact ASE Technology for inquiries?
A: Investors can contact ASE Technology via telephone at +886.2.6636.5678 or through their website www.aseglobal.com.
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