GlobalWafers Reports Second Quarter 2021 Financial Results

Hsinchu, Taiwan, August 3, 2021 – GlobalWafers board approved its financial statements for the second quarter ended on June 30, 2021 today with the consolidated revenue of NT$15.2 billion, gross profit of NT$5.6 billion, operating profit of NT$4.3 billion, net income attributable to the parent company of NT$4 billion, EPS of NT$9.09, both hit an all-time high! And for operating margin of 28%, net profit margin of 26%, achieved outstanding operating results! Quarter over quarter, the second quarter results represented 2.7% increase in consolidated revenue, 7.5% increase in gross profit, 7.8% increase in operating profit, 47% increase in net income attributable to the parent company, and NT$2.91 EPS up. Year over year, the second quarter results represented 11% increase in consolidated revenue, 5.7% increase in gross profit, 0.7% increase in operating profit, 16.4% increase in net income attributable to the parent company, and NT$1.28 EPS up.

Regarding the first half of 2021 consolidated financial results, GlobalWafers cumulative consolidated revenue in the first half of the year broke NTD$30 billion threshold with 10.3% YoY!  Gross profit of NT$10.8 billion, up 5.4% YoY, operating profit of NT$8.2 billion, up 2.2% YoY, net income attributed to parent company of NT$6.7 billion, up 5.8% YoY, EPS of NT$15.27 hit the third highest record, up NT$0.85 YoY.

Regarding operation performance, not only second-quarter net income attributable to the parent company and EPS hit the record high, first-half EPS, June and second-quarter revenues also soared to the third highest in the history! Outstanding results!

The regulatory approval process of GlobalWafers’ acquisition of Siltronic remains on track with closing of the transaction expected in the second half of 2021.

Covid-19 has drastically changed the life we are accustomed to, remote working/education has further driven the demand for cloud computing, data centers, laptops and servers. Reliance on digital services are deepened during the epidemic as well as the launch of technological advancements and various electronic products bring a surge to the chip demand, supporting the semiconductor industry to remain not only intact but also grow further against the macroeconomic instability. Regarding the future, as many downstream manufacturers announced the intention to expand capital expenditures and R&D expenses to meet the boosting 5G penetration and growing momentum for automotive, communication, computing, and medical care, the needs for wafer, the fundamental material, are expected to soar accordingly. GlobalWafers is committed to producing high-quality semiconductor silicon wafers and has won recognitions from both domestic and abroad customers with its excellent quality and superior technology. With extensive global footprint, GlobalWafers is equipped with the dual advantages of global deployment and local production. Currently, the capacity is fully loaded and lasts at least to the end of the year, with expectation the revenue growth momentum in the second half will be better than the first half of the year. GlobalWafers continuously focuses on forward-thinking, prioritizes on advanced products, enhances its portfolio on niche wafers, and further transforms its complete product offering and solid financial structure into unassailable strength, dedicated to delivering remarkable performance in the industry uptrend!