ASE Technology Holdings Reports Impressive Revenue Growth
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ASE Technology Holdings Reports Monthly Net Revenues
ASE Technology Holding Co., Ltd. (NYSE: ASX), also recognized as "ASEH," has unveiled its unaudited consolidated net revenues for the month of August. This report provides key insights into the financial health of the company and underscores its ongoing success within the semiconductor and electronic manufacturing sectors.
Overview of Consolidated Net Revenues
Unaudited Financial Figures
During August, ASE Technology Holdings reported net revenues amounting to NT$52,930 million. This figure shows a commendable increase of 2.6% from the previous month, where revenues were NT$51,596 million, and represents a slight year-over-year increase of 1.2% compared to August of the previous year, which recorded NT$52,279 million.
Revenue Breakdown by Business Segments
Assembly, Testing, and Materials
ASE's assembly, testing, and material revenues are crucial indicators of its operational efficiency and market position. The details reflect both monthly and year-over-year performance:
For the month of August, the net revenues from assembly operations amounted to NT$29,175 million. This marks a 6.3% increase when comparing to July's revenues of NT$27,443 million and a significant rise of 2.4% when measured against last year’s revenues, which stood at NT$28,497 million. This growth underscores ASE's robust demand in the market and continuous improvement in its service capacity.
US Dollar Revenue Insights
Global Standpoint of Financial Performance
In terms of US dollar revenues, ASE reported $1,627 million in August 2024, a month-on-month increase of 2.3% from July’s revenue of $1,590 million. Interestingly, this represents a slight decrease of 1.7% from August 2023's figure of $1,655 million, showcasing fluctuations in the foreign exchange market premises.
Investor Relations and Future Outlook
Engagement with Stakeholders
ASE Technology Holding Co., Ltd. remains committed to maintaining transparent communication with its investors. The company encourages stakeholders to reach out regarding any inquiries related to their operations or financial status. Interested parties can contact them at Tel: +886.2.6636.5678, and find further information on their official website.
Frequently Asked Questions
What are the recent revenue figures for ASE Technology Holdings?
ASE Technology Holdings reported net revenues of NT$52,930 million for August 2024, reflecting steady growth.
How do the revenues compare to previous months?
In August, revenues increased by 2.6% compared to July, showcasing the company's ongoing strength in the market.
What roles do assembly and testing services play in these revenues?
A significant portion of ASE's revenues is derived from assembly and testing services, which highlight its operational capabilities and demand in the semiconductor sector.
What challenges does ASE Technology Holdings foresee?
ASE navigates various challenges, including market cyclicality and competitive industry pressures, which can impact its financial performance.
How can investors reach ASE Technology Holdings?
Investors can contact ASE Technology Holdings via telephone at +886.2.6636.5678 or visit their website for more information.
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