FX.co ★ ASE Technology January Net Revenues Rise From Last Year, Down Sequentially

ASE Technology Holding Co., Ltd., a semiconductor corporation based in Taiwan, announced its consolidated net revenues for January 2024 totaling NT$47.39 billion. This represents a 5 percent increase from the previous year's NT$45.13 billion. However, compared to the previous month, net revenues witnessed a 5 percent decrease.

In terms of US dollars, the net revenues amounted to $1.53 billion. Although this indicates a growth of 3.3 percent from last year's $1.48 billion, it also represents a 4 percent sequential decrease.

The company's net revenues from ATM assembly, testing, and material business operations expanded by 2.1 percent from last year, reaching NT$24.89 billion. However, on a sequential basis, each of these net revenues reported a 5 percent decline.

Measured in US dollars, net revenues from ATM operations summed up to $801 million. Year-on-year, this denotes a rise of 0.4 percent but also a sequential drop by 4 percent.