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World's advanced third quarter revenue growth of 3%, conservative outlook for the fourth quarter

According to the Central News Agency, today (31), the world advanced financial conference, the third quarter earnings report was announced at the meeting. The financial report shows that the world's advanced third-quarter operations were stable, with revenue of approximately 7.127 billion Taiwan dollars (the same below), an increase of 3% over the second quarter, and the performance was in line with expectations.

According to the financial report, benefiting from the growth of power management chip performance, the performance of small panel driver ICs increased by 65%, easing the impact of the decline in the performance of large panel driver ICs. The world's advanced after-tax net profit was 1.496 billion yuan, a slight increase from the second quarter. %.

For the fourth quarter, the chairman of the board said that due to the high inventory level in the supply chain, the company viewed the fourth quarter conservatively, and estimated that the fourth quarter revenue ranged from 6.8 to 7.2 billion yuan, compared with the third quarter. It will fluctuate between 1% and 5%.

The chairman of the board of directors mentioned that the growth momentum in the second half of the year is mainly based on power management chips. It is estimated that the double-digit percentage will increase year by year. The driver ICs of large and small sizes will be weaker due to the digested inventory by customers and the company's capacity adjustment.