UMC Reports Second Quarter 2015 Results

During 2Q15, higher wafers shipments led to NT$36.52 billion in revenue from the foundry segment. New Business recorded NT$1.83 billion in sales, resulting in a consolidated revenue of NT$38.01 billion, up 1.0% from 1Q15. Net income from the foundry business reached NT$4.67 billion, while New Business segment posted NT$170 million in net loss. On a consolidated basis, gross profit reached NT$8.72 billion, or 22.9% of revenue, while operating income was NT$3.88 billion or 10.2% of revenue. Net income attributable to the stockholders of the parent was NT$4.60 billion, compared to NT$3.98 billion in 1Q15.

Earnings per ordinary share for the quarter were NT$0.37. Earnings per ADS were US$0.060. The basic weighted average number of outstanding shares in 2Q15 was 12,572,497,200, compared with 12,526,260,458 shares in 1Q15 and 12,489,095,718 shares in 2Q14. The diluted weighted average number of outstanding shares was 13,222,544,584 in 2Q15, compared with 12,660,046,525 shares in 1Q15 and 12,607,860,758 shares in 2Q14. The fully diluted share count on June 30, 2015 was approximately 13,810,979,000. On June 30, 2015, UMC held 134 million treasury shares acquired from the 15th share buy-back program.

Detailed Financials Section

COGS & Expenses

(Amount: NT$ million)

2Q15

1Q15

QoQ %
change

2Q14

YoY %
change

Net Operating Revenues

38,012

37,650

1.0

35,869

6.0

COGS

(29,289)

(28,495)

2.8

(27,662)

5.9

  Depreciation

(9,404)

(9,115)

3.2

(8,662)

8.6

  Other Mfg. Costs

(19,885)

(19,380)

2.6

(19,000)

4.7

Gross Profit

8,723

9,155

(4.7)

8,207

6.3

Gross Margin (%)

22.9%

24.3%


22.9%


Operating Expenses

(4,864)

(4,914)

(1.0)

(5,280)

(7.9)

  G&A

(919)

(953)

(3.6)

(857)

7.2

  Sales & Marketing

(930)

(1,045)

(11.0)

(1,097)

(15.2)

  R&D

(3,015)

(2,916)

3.4

(3,326)

(9.4)

Net Other Operating

Income & Expenses

17

(142)

-

(10)

-

Operating Income

3,876

4,099

(5.4)

2,917

32.9


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13  Next Page »



Review Article Be the first to review this article
CST: Webinar

Aldec Simulator Evaluate Now

Featured Video
Jobs
ASIC Design Engineer for Infinera Corp at Sunnyvale, CA
Senior PIC Test Development Engineer for Infinera Corp at Sunnyvale, CA
Design Verification Engineer for intersil at Morrisville, NC
ASIC Hardware Engineer for BAE Systems Intelligence & Security at Arlington, VA
Senior DSP Firmware Engineer for Cirrus Logic, Inc. at Austin, TX
Applications Engineer for intersil at Palm Bay, FL
Upcoming Events
Essentials of Electronic Technology: A Crash Course at Columbia MD - Jan 16 - 18, 2018
Essentials of Digital Technology at MD - Feb 13 - 14, 2018
IPC APEX EXPO 2018 at San Diego Convention Center San Diego CA - Feb 24 - 1, 2018
CST: Webinar series



Internet Business Systems © 2017 Internet Business Systems, Inc.
25 North 14th Steet, Suite 710, San Jose, CA 95112
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise