All data are based on the daily closing price as of May 24, 2024

CHPT Q3 Report: Revenue Decline Amid Semiconductor Industry Challenges

The company discloses Q3 financials with revenue at 692 million yuan, showing a quarterly decrease of 7%. The company adapts strategies for industry challenges
Taiwan
c 6510.TWO Tech 350 Mid and Small Cap 2000
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Chunghwa Precision Test Tech, a test interface factory, reports Q3 revenue of 692 million yuan, a 7% decrease from the previous quarter. Despite industry challenges, the company maintains a gross profit margin of 48.8%, signifying resilience. However, its after-tax profit of 11 million yuan is the lowest since being listed on the market. A shift in revenue sources towards smartphone application processors and high-performance computing contributes to the firm’s adaptability. The semiconductor industry anticipates a delayed recovery, influencing CHPT’s strategies in research and development.

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