ChipMOS Technologies Q4 Profit Rises

(RTTNews) - ChipMOS Technologies In. (IMOS) Thursday reported results for the fourth quarter, with earnings and revenues increasing from last year.

Revenue for the fourth quarter was NT$5,725.4 million or US$187.0 million, an increase of 22.2% from NT$4,686.2 million or US$153.0 million for the same period in 2022.

Net profit attributable to equity holders of the Company for the fourth quarter of 2023 was NT$482.0 million or US$15.7 million, and NT$0.66 or US$0.02 per basic common share. This compares to NT$154.9 million or US$5.1 million, and NT$0.22 or US$0.01 per basic common share in the fourth quarter of 2022.

Net earnings for the fourth quarter of 2023 were US$0.43 per basic ADS, compared to US$0.14 per basic ADS in the fourth quarter of 2022.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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