Foundry Power Semiconductor Manufacturing (6770-TE)’s board of directors passed the second quarter financial report today (9), benefiting from the booming demand for foundry, and rising prices and volumes, a single quarter after-tax net profit of 3.366 billion yuan. The net profit per share increased by 60%, and the net profit per share increased by 1.7 times in the first half of the year. The net profit per share increased by 1.7 times.
Power Semiconductor Manufacturing’s second quarter revenue was 15.335 billion yuan, a quarterly increase of 15.83%, a gross profit margin of 39.5%, a quarterly increase of 6 percentage points, a profit margin of 27.57%, a quarterly increase of 6.12 percentage points; after-tax net profit was 3.366 billion yuan, a quarterly increase of 5.968 %, the net profit per share is RMB 1.07.
Power Semiconductor Manufacturing’s accumulated revenue in the first half of the year was 28.574 billion yuan, an annual increase of 28.54%, a gross profit margin of 36.7%, an annual increase of 12.4 percentage points, and a profit ratio of 24.73%, an annual increase of 11.83 percentage points; after-tax net profit was 5.474 billion yuan, an annual increase of 1.7 Times, the net profit per share is RMB 1.75.
Power Semiconductor Manufacturing’s board of directors also decided today that a cash dividend of RMB 0.65 per share in the first half of the year will be distributed, and a total of more than RMB 2.213 billion will be distributed. The dividend is expected to be ex-divided on August 25.
Power Semiconductor Manufacturing Co., Ltd. currently has full capacity for all products, including driver ICs, power management ICs, and memory. Power Semiconductor Corporation is optimistic that its operations will grow quarter by quarter this year. The overall revenue is expected to grow by 30-40% compared to last year, and profits will double.
