Hsinchu, Taiwan, November 1, 2022 – GlobalWafers held its board meeting today (November 1, 2022) to approve its financial statements for the third quarter ended on September 30, 2022 with the consolidated revenue reached NT$18.1 billion with 2.9% QoQ and 17.5% YoY; gross profit of NT$7.9 billion with 3.2% QoQ and 31.3% YoY, gross profit margin of 43.7% with 4.6% YoY; operating income of NT$6.3 billion with 35.7% YoY, operating income margin of 35.1% with 4.7% YoY; net profit of NT$5.1 billion with 88.2% QoQ and 64.6% YoY; EPS of NT$11.74, recorded its highest-ever quarterly performance along with revenue and gross profit and net profit! The consolidated revenue for the first three quarters in 2022 reached NT$51.9 billion with 14.4% YoY; gross profit of NT$22.5 billion with 33.9% YoY, gross profit margin of 43.3% with 6.3% YoY; operating income of NT$18.6 billion with 44.6% YoY, operating income margin of 35.9% with 7.5% YoY; net profit of NT$9.6 billion; EPS of NT$22. For the first three quarters in 2022, GlobalWafers set new record highs in revenue, gross profit and operating income! Additionally, as of the end of September, prepayment balance amounted to NT$38.2 billion, the all-time high!
War between Russia and Ukraine, the capricious pandemic and the tight fiscal policy among countries lock the world economic outlook in a stalemate. The darkening macroeconomic outlook and weakening consumer electronics demand further exacerbate the inventory pressure. However, automotive and industry segments continue to be strong with rising sales of EV, robust development of infotainment and innovative autonomous driving technologies, adding growth momentum to the semiconductor industry. In addition, semiconductor demands are expected to be boosted by the stimulus packages such as energy transition and net zero carbon emissions launched by various nations. GlobalWafers offers a complete product spectrum covering 3″ to 12″ wafers to meet the full range of customers’ needs, mitigating the volatility of single product, and is insulated from market turbulence by its dynamic asset allocation and ample cash, creating profits with stable operation.
Following the self-commitment in 2021 to 100% renewable energy usage by 2050 in its global operations, GlobalWafers has formally participated in the RE100 initiative. To cope with intensified climate change and global warming, GlobalWafers aims to adopt more green energy for sustainable environment. Sunrise PV Four Co., Ltd., a subsidiary of GlobalWafers, joins force with its parent company, Sino-American Silicon Products Inc., in building ground-mounted and rooftop solar PV systems to fulfill the green promise. The design of the solar PV system demonstrates the eco-balance between green energy and environment, and is awarded “Top Solar System Award – Best Ground Mounted PV System for 2022” by Energy Bureau of the Ministry of Economic Affairs, implementing GlobalWafers’ principle for “responsible growth” and “green manufacturing”.