TAIPEI, July 27,
2023 /PRNewswire/ -- ASE Technology Holding Co., Ltd.
(TWSE: 3711, NYSE: ASX) ("We", "ASEH", or the "Company"), the
leading provider of semiconductor assembly and testing services
("ATM") and the provider of electronic manufacturing services
("EMS"), today reported its unaudited net revenues[1] of
NT$136,275 million for 2Q23, down by
15% year-over-year and up by 4% sequentially. Net income
attributable to shareholders of the parent for the quarter totaled
NT$7,740 million, down from
NT$15,988 million in 2Q22 and up from
NT$5,817 million in 1Q23. Basic
earnings per share for the quarter were NT$1.80 (or US$0.118 per ADS), compared to NT$3.69 for 2Q22 and NT$1.36 for 1Q23. Diluted earnings per
share for the quarter were NT$1.76
(or US$0.115 per ADS), compared to
NT$3.61 for 2Q22 and NT$1.30 for 1Q23.
RESULTS OF OPERATIONS
2Q23 Results Highlights – Consolidated
- Net revenues from packaging operations, testing operations, EMS
operations, and others represented approximately 46%, 9%, 44%, and
1% of the total net revenues for the quarter, respectively.
- Cost of revenues was NT$114,534
million for the quarter, up from NT$111,552 million in 1Q23.
-
- Raw material cost totaled NT$70,924
million for the quarter, representing 52% of the total net
revenues.
- Labor cost totaled NT$14,918 million for the quarter,
representing 11% of the total net revenues.
- Depreciation, amortization and rental expenses
totaled NT$13,069 million for the quarter.
- Gross margin increased by 1.2 percentage points to 16.0% in
2Q23 from 14.8% in 1Q23.
- Operating margin was 6.9% in 2Q23, compared to 5.9% in
1Q23.
- In terms of non-operating items:
-
- Net interest expense was NT$1,100
million.
- Net foreign exchange loss was NT$1,188
million, primarily attributable to the appreciation of the
U.S. dollar against the New Taiwan dollar.
- Net gain on valuation of financial assets and liabilities was
NT$1,914 million.
- Net gain on equity-method investments was NT$326 million.
- Other net non-operating income was NT$747 million,
primarily attributable to miscellaneous income. Total non-operating
income for the quarter was NT$699
million.
- Income before tax was NT$10,111
million in 2Q23, compared to NT$7,870
million in 1Q23. We recorded income tax expenses of
NT$1,914 million for the quarter,
compared to NT$1,777 million in
1Q23.
- Net income attributable to shareholders of the parent was
NT$7,740 million in 2Q23, compared to
NT$15,988 million in 2Q22 and
NT$5,817 million in 1Q23.
- Our total number of shares outstanding at the end of the
quarter was 4,376,430,787, including treasury stock owned by our
subsidiaries in 2Q23. Our 2Q23 basic earnings per share of
NT$1.80 (or US$0.118 per ADS) were based on 4,293,489,282
weighted average numbers of shares outstanding in 2Q23. Our 2Q23
diluted earnings per share of NT$1.76
(or US$0.115 per ADS) were based on
4,342,947,820 weighted average number of shares outstanding in
2Q23.
2Q23 Results Highlights – ATM
- Net revenues were NT$76,108
million for the quarter, down by 20% year-over-year and up
by 4% sequentially.
- Cost of revenues was NT$59,947
million for the quarter, up by 2% sequentially.
-
- Raw material cost totaled NT$22,617
million for the quarter, representing 30% of the total net
revenues.
- Labor cost totaled NT$12,090
million for the quarter, representing 16% of the total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$11,764 million for the
quarter.
- Gross margin increased by 1.1 percentage points to 21.2% in
2Q23 from 20.1% in 1Q23.
- Operating margin was 9.7% in 2Q23, compared to 8.7% in
1Q23.
2Q23 Results Highlights – EMS
- Net revenues were NT$60,424
million, down by 9% year-over-year and up by 5%
sequentially.
- Cost of revenues for the quarter was NT$54,785 million, down by 8% year-over-year and
up by 3% sequentially.
-
- Raw material cost totaled NT$48,251
million for the quarter, representing 80% of the total net
revenues.
- Labor cost totaled NT$2,714
million for the quarter, representing 5% of the total net
revenues.
- Depreciation, amortization and rental expenses totaled
NT$1,040 million for the
quarter.
- Gross margin increased by 1.4 percentage points to 9.3% in 2Q23
from 7.9% in 1Q23.
- Operating margin was 3.5% in 2Q23, compared to 2.3% in
1Q23.
LIQUIdiTY AND CAPITAL RESOURCES
- Capital expenditures in 2Q23 totaled US$209 million, of which US$107 million was used in packaging operations,
US$60 million in testing operations,
US$33 million in EMS operations and
US$9 million in interconnect
materials operations and others.
- Total unused credit lines amounted to NT$384,648 million as of June 30, 2023.
- Current ratio was 1.20 and net debt to equity ratio was 0.41 as
of June 30, 2023.
- Total number of employees was 93,950 as of June 30, 2023, compared to 94,172 as of
March 31, 2023.
Business Review
Customers
ATM Basis
- Our five largest customers together accounted for approximately
41% of our total net revenues in both 2Q23 and 1Q23. One customer
accounted for more than 10% of our total net revenues in 2Q23.
- Our top 10 customers contributed 57% of our total net revenues
in 2Q23, compared to 56% in 1Q23.
- Our customers that are integrated device manufacturers or IDMs
accounted for 33% of our total net revenues in 2Q23, compared to
35% in 1Q23.
EMS Basis
- Our five largest customers together accounted for approximately
72% of our total net revenues in 2Q23, compared to 67% in 1Q23. One
customer accounted for more than 10% of our total net revenues in
2Q23.
- Our top 10 customers contributed 79% of our total net revenues
in 2Q23, compared to 75% in 1Q23.
About ASE Technology Holding Co., Ltd.
ASEH
is the leading provider of semiconductor manufacturing
services in assembly and test. The Company develops and offers
complete turnkey solutions covering front-end engineering test,
wafer probing and final test, as well as packaging, materials and
electronic manufacturing services through USI with superior
technologies, breakthrough innovations, and advanced
development programs. With advanced technological capabilities
and a global presence spanning Taiwan, China, South
Korea, Japan, Singapore, Malaysia, Vietnam, Mexico, and Tunisia as well as the United States and Europe, ASEH has established a reputation for
reliable, high quality products and services.
For
more information, please visit our website at
https://www.aseglobal.com.
Safe Harbor Notice
This press release contains "forward-looking statements" within the
meaning of Section 27A of the United States Securities Act of 1933,
as amended, and Section 21E of the United States Securities
Exchange Act of 1934, as amended. Although these forward-looking
statements, which may include statements regarding our future
results of operations, financial condition or business prospects,
are based on our own information and information from other sources
we believe to be reliable, you should not place undue reliance on
these forward-looking statements, which apply only as of the date
of this press release. The words "anticipate," "believe,"
"estimate," "expect," "intend," "plan" and similar expressions, as
they relate to us, are intended to identify these forward-looking
statements in this press release. These forward-looking statements
are necessarily estimates reflecting the best judgment of our
senior management and our actual results of operations, financial
condition or business prospects may differ materially from those
expressed or implied by the forward-looking statements for reasons
including, among others, risks associated with cyclicality and
market conditions in the semiconductor or electronic industry;
changes in our regulatory environment, including our ability to
comply with new or stricter environmental regulations and to
resolve environmental liabilities; demand for the outsourced
semiconductor packaging, testing and electronic manufacturing
services we offer and for such outsourced services generally; the
highly competitive semiconductor or manufacturing industry we are
involved in; our ability to introduce new technologies in order to
remain competitive; international business activities; our business
strategy; our future expansion plans and capital expenditures; the
strained relationship between the Republic of China and the People's Republic of China; general
economic and political conditions; the recent shift in United States trade policies; possible
disruptions in commercial activities caused by natural or
human-induced disasters; fluctuations in foreign currency exchange
rates; and other factors. For a discussion of these risks and
other factors, please see the documents we file from time to time
with the Securities and Exchange Commission, including the 2022
Annual Report on Form 20-F filed on April
10, 2023.
Supplemental Financial Information
(Unaudited)
Consolidated Operations
|
2Q23
|
1Q23
|
2Q22
|
EBITDA (NT$
million)
|
25,770
|
23,765
|
35,211
|
ATM Operations
|
2Q23
|
1Q23
|
2Q22
|
Net Revenues (NT$
million)
|
76,108
|
73,319
|
94,998
|
Revenues by Application
|
|
|
|
Communication
|
49 %
|
50 %
|
52 %
|
Computing
|
18 %
|
17 %
|
16 %
|
Automotive, Consumer
& Others
|
33 %
|
33 %
|
32 %
|
Revenues by Type
|
|
|
|
Bumping, Flip Chip, WLP
& SiP
|
41 %
|
41 %
|
43 %
|
Wirebonding
|
34 %
|
34 %
|
35 %
|
Others
|
7 %
|
8 %
|
6 %
|
Testing
|
16 %
|
16 %
|
15 %
|
Material
|
2 %
|
1 %
|
1 %
|
Capacity & EBITDA
|
|
|
|
CapEx (US$
million)*
|
176
|
197
|
461
|
EBITDA (NT$
million)
|
21,643
|
20,552
|
30,940
|
Number of
Wirebonders
|
25,880
|
25,799
|
25,876
|
Number of
Testers
|
5,495
|
5,447
|
5,194
|
EMS Operations
|
2Q23
|
1Q23
|
2Q22
|
Net Revenues (NT$
million)
|
60,424
|
57,733
|
66,218
|
Revenues by Application
|
|
|
|
Communication
|
34 %
|
35 %
|
35 %
|
Computing
|
8 %
|
8 %
|
13 %
|
Consumer
|
33 %
|
29 %
|
28 %
|
Industrial
|
15 %
|
17 %
|
15 %
|
Automotive
|
8 %
|
9 %
|
8 %
|
Others
|
2 %
|
2 %
|
1 %
|
Capacity
|
|
|
|
CapEx (US$
million)*
|
33
|
32
|
53
|
* Capital expenditure excludes building construction
costs.
ASE Technology Holding Co.,
Ltd.
Summary of Consolidated Statement of Income
Data
(In NT$ million, except per share
data)
(Unaudited)
|
For the three months
ended
|
|
For the six months
ended
|
|
Jun. 30
2023
|
|
Mar. 31
2023
|
|
Jun. 30
2022
|
|
Jun. 30
2023
|
|
Jun. 30
2022
|
|
Net revenues
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
61,846
|
|
60,029
|
|
78,394
|
|
121,875
|
|
146,777
|
|
Testing
|
12,292
|
|
11,407
|
|
13,760
|
|
23,699
|
|
26,343
|
|
EMS
|
60,384
|
|
57,731
|
|
66,213
|
|
118,115
|
|
127,376
|
|
Others
|
1,753
|
|
1,724
|
|
2,072
|
|
3,477
|
|
4,334
|
|
Total net
revenues
|
136,275
|
|
130,891
|
|
160,439
|
|
267,166
|
|
304,830
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(114,534)
|
|
(111,552)
|
|
(126,051)
|
|
(226,086)
|
|
(241,971)
|
|
Gross profit
|
21,741
|
|
19,339
|
|
34,388
|
|
41,080
|
|
62,859
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(6,218)
|
|
(5,572)
|
|
(5,795)
|
|
(11,790)
|
|
(11,157)
|
|
Selling, general and
administrative
|
(6,111)
|
|
(6,072)
|
|
(7,987)
|
|
(12,183)
|
|
(14,983)
|
|
Total operating
expenses
|
(12,329)
|
|
(11,644)
|
|
(13,782)
|
|
(23,973)
|
|
(26,140)
|
|
Operating
income
|
9,412
|
|
7,695
|
|
20,606
|
|
17,107
|
|
36,719
|
|
|
|
|
|
|
|
|
|
|
|
|
Net non-operating
income and expenses
|
|
|
|
|
|
|
|
|
|
|
Interest expense -
net
|
(1,100)
|
|
(1,076)
|
|
(702)
|
|
(2,176)
|
|
(1,274)
|
|
Foreign exchange gain
(loss)
|
(1,188)
|
|
545
|
|
(1,301)
|
|
(643)
|
|
(2,405)
|
|
Gain on valuation of
financial assets and liabilities
|
1,914
|
|
103
|
|
1,543
|
|
2,017
|
|
2,949
|
|
Gain (loss) on
equity-method investments
|
326
|
|
(12)
|
|
486
|
|
314
|
|
685
|
|
Others
|
747
|
|
615
|
|
504
|
|
1,362
|
|
1,125
|
|
Total non-operating
income and expenses
|
699
|
|
175
|
|
530
|
|
874
|
|
1,080
|
|
Income before
tax
|
10,111
|
|
7,870
|
|
21,136
|
|
17,981
|
|
37,799
|
|
|
|
|
|
|
|
|
|
|
|
|
Income tax
expense
|
(1,914)
|
|
(1,777)
|
|
(4,479)
|
|
(3,691)
|
|
(7,757)
|
|
Income from operations
and before non-controlling interests
|
8,197
|
|
6,093
|
|
16,657
|
|
14,290
|
|
30,042
|
|
Non-controlling
interests
|
(457)
|
|
(276)
|
|
(669)
|
|
(733)
|
|
(1,147)
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable
to shareholders of the parent
|
7,740
|
|
5,817
|
|
15,988
|
|
13,557
|
|
28,895
|
|
|
|
|
|
|
|
|
|
|
|
|
Per share
data:
|
|
|
|
|
|
|
|
|
|
|
Earnings per
share
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
NT$1.80
|
|
NT$1.36
|
|
NT$3.69
|
|
NT$3.16
|
|
NT$6.71
|
|
– Diluted
|
NT$1.76
|
|
NT$1.30
|
|
NT$3.61
|
|
NT$3.07
|
|
NT$6.51
|
|
|
|
|
|
|
|
|
|
|
|
|
Earnings per equivalent
ADS
|
|
|
|
|
|
|
|
|
|
|
– Basic
|
US$0.118
|
|
US$0.089
|
|
US$0.253
|
|
US$0.207
|
|
US$0.470
|
|
– Diluted
|
US$0.115
|
|
US$0.086
|
|
US$0.247
|
|
US$0.202
|
|
US$0.456
|
|
|
|
|
|
|
|
|
|
|
|
|
Number of weighted
average shares used in diluted EPS calculation ( in thousand
shares)
|
4,342,948
|
|
4,336,965
|
|
4,375,107
|
|
4,341,706
|
|
4,359,944
|
|
|
|
|
|
|
|
|
|
|
|
|
FX (NTD/USD)
|
30.57
|
|
30.40
|
|
29.26
|
|
30.49
|
|
28.56
|
|
ASE Technology Holding Co.,
Ltd.
Summary of ATM Statement of Income
Data
(In NT$
million)
(Unaudited)
|
For the three months
ended
|
|
For the six months
ended
|
|
Jun. 30
2023
|
|
Mar. 31
2023
|
|
Jun. 30
2022
|
|
Jun. 30
2023
|
|
Jun. 30
2022
|
|
Net revenues
|
|
|
|
|
|
|
|
|
|
|
Packaging
|
62,607
|
|
60,770
|
|
79,894
|
|
123,377
|
|
149,815
|
|
Testing
|
12,292
|
|
11,407
|
|
13,760
|
|
23,699
|
|
26,343
|
|
Direct
Material
|
1,165
|
|
1,106
|
|
1,288
|
|
2,271
|
|
2,767
|
|
Others
|
44
|
|
36
|
|
56
|
|
80
|
|
98
|
|
Total net
revenues
|
76,108
|
|
73,319
|
|
94,998
|
|
149,427
|
|
179,023
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(59,947)
|
|
(58,570)
|
|
(67,230)
|
|
(118,517)
|
|
(128,154)
|
|
Gross profit
|
16,161
|
|
14,749
|
|
27,768
|
|
30,910
|
|
50,869
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(4,748)
|
|
(4,269)
|
|
(4,455)
|
|
(9,017)
|
|
(8,591)
|
|
Selling, general and
administrative
|
(4,008)
|
|
(4,071)
|
|
(5,318)
|
|
(8,079)
|
|
(10,271)
|
|
Total operating
expenses
|
(8,756)
|
|
(8,340)
|
|
(9,773)
|
|
(17,096)
|
|
(18,862)
|
|
Operating
income
|
7,405
|
|
6,409
|
|
17,995
|
|
13,814
|
|
32,007
|
|
ASE Technology Holding Co., Ltd.
Summary of EMS Statement of Income Data
(In NT$ million)
(Unaudited)
|
For the three months
ended
|
|
For the six months
ended
|
|
Jun. 30
2023
|
|
Mar. 31
2023
|
|
Jun. 30
2022
|
|
Jun. 30
2023
|
|
Jun. 30
2022
|
|
Net revenues
|
|
|
|
|
|
|
|
|
|
|
Total net
revenues
|
60,424
|
|
57,733
|
|
66,218
|
|
118,157
|
|
127,384
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of
revenues
|
(54,785)
|
|
(53,166)
|
|
(59,568)
|
|
(107,951)
|
|
(115,354)
|
|
Gross profit
|
5,639
|
|
4,567
|
|
6,650
|
|
10,206
|
|
12,030
|
|
|
|
|
|
|
|
|
|
|
|
|
Operating
expenses
|
|
|
|
|
|
|
|
|
|
|
Research and
development
|
(1,527)
|
|
(1,324)
|
|
(1,380)
|
|
(2,851)
|
|
(2,629)
|
|
Selling, general and
administrative
|
(2,023)
|
|
(1,918)
|
|
(2,603)
|
|
(3,941)
|
|
(4,534)
|
|
Total operating
expenses
|
(3,550)
|
|
(3,242)
|
|
(3,983)
|
|
(6,792)
|
|
(7,163)
|
|
Operating
income
|
2,089
|
|
1,325
|
|
2,667
|
|
3,414
|
|
4,867
|
|
ASE Technology Holding Co., Ltd.
Summary of Consolidated Balance Sheet Data
(In NT$ million)
(Unaudited)
|
|
|
As of Jun. 30,
2023
|
|
|
As of Mar. 31,
2023
|
Current
assets
|
|
|
|
|
|
|
Cash and cash
equivalents
|
|
|
59,351
|
|
|
62,056
|
Financial assets –
current
|
|
|
7,040
|
|
|
6,317
|
Trade
receivables
|
|
|
98,671
|
|
|
91,514
|
Inventories
|
|
|
77,568
|
|
|
85,667
|
Others
|
|
|
28,400
|
|
|
25,717
|
Total current
assets
|
|
|
271,030
|
|
|
271,271
|
|
|
|
|
|
|
|
Financial assets –
non-current & Investments – equity method
|
|
|
26,761
|
|
|
24,352
|
Property, plant and
equipment
|
|
|
262,604
|
|
|
266,005
|
Right-of-use
assets
|
|
|
10,691
|
|
|
10,882
|
Intangible
assets
|
|
|
71,298
|
|
|
72,101
|
Others
|
|
|
30,137
|
|
|
30,829
|
Total assets
|
|
|
672,521
|
|
|
675,440
|
|
|
|
|
|
|
|
Current
liabilities
|
|
|
|
|
|
|
Short-term
borrowings
|
|
|
37,798
|
|
|
45,158
|
Current portion of
bonds payable &
Current portion of long-term
borrowings
|
|
|
18,191
|
|
|
11,999
|
Trade
payables
|
|
|
67,225
|
|
|
63,552
|
Others
|
|
|
102,551
|
|
|
113,650
|
Total current
liabilities
|
|
|
225,765
|
|
|
234,359
|
|
|
|
|
|
|
|
Bonds
payable
|
|
|
33,462
|
|
|
38,837
|
Long-term
borrowings[2]
|
|
|
90,224
|
|
|
86,752
|
Other
liabilities
|
|
|
25,653
|
|
|
25,766
|
Total
liabilities
|
|
|
375,104
|
|
|
385,714
|
|
|
|
|
|
|
|
Equity attributable
to shareholders of the
parent
|
|
|
278,624
|
|
|
270,651
|
Non-controlling
interests
|
|
|
18,793
|
|
|
19,075
|
Total liabilities &
shareholders' equity
|
|
|
672,521
|
|
|
675,440
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current
ratio
|
|
|
1.20
|
|
|
1.16
|
Net debt to equity
ratio
|
|
|
0.41
|
|
|
0.42
|
ASE Technology Holding Co., Ltd.
Summary of Consolidated Statement of Cash Flow Data
(In NT$ million)
(Unaudited)
|
|
For the three months
ended
|
|
For the six months
ended
|
|
|
Jun. 30
2023
|
|
Mar. 31
2023
|
|
Jun. 30
2022
|
|
Jun. 30
2023
|
|
Jun. 30
2022
|
|
Cash Flows from
Operating Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Profit before income
tax
|
|
10,111
|
|
7,870
|
|
21,136
|
|
17,981
|
|
37,799
|
|
Depreciation &
amortization
|
|
14,488
|
|
14,439
|
|
13,749
|
|
28,927
|
|
27,252
|
|
Other operating
activities items
|
|
(8,643)
|
|
8,449
|
|
(19,858)
|
|
(194)
|
|
(22,844)
|
|
Net cash generated from
operating activities
|
|
15,956
|
|
30,758
|
|
15,027
|
|
46,714
|
|
42,207
|
|
Cash Flows from
Investing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Net payments for
property, plant and equipment
|
|
(12,147)
|
|
(15,206)
|
|
(17,292)
|
|
(27,353)
|
|
(34,474)
|
|
Other investment
activities items
|
|
(2,285)
|
|
415
|
|
(245)
|
|
(1,870)
|
|
(998)
|
|
Net cash used in
investing activities
|
|
(14,432)
|
|
(14,791)
|
|
(17,537)
|
|
(29,223)
|
|
(35,472)
|
|
Cash Flows from
Financing Activities:
|
|
|
|
|
|
|
|
|
|
|
|
Total net proceeds
from (repayment of) borrowings
|
|
(3,395)
|
|
(11,621)
|
|
(8,980)
|
|
(15,016)
|
|
(14,290)
|
|
Other financing
activities items
|
|
(1,055)
|
|
116
|
|
(893)
|
|
(939)
|
|
(1,162)
|
|
Net cash used in
financing activities
|
|
(4,450)
|
|
(11,505)
|
|
(9,873)
|
|
(15,955)
|
|
(15,452)
|
|
Foreign currency
exchange effect
|
|
481
|
|
(446)
|
|
803
|
|
35
|
|
5,490
|
|
Net increase (decrease)
in cash and cash equivalents
|
|
(2,445)
|
|
4,016
|
|
(11,580)
|
|
1,571
|
|
(3,227)
|
|
Cash and cash
equivalents at the beginning of period
|
|
62,056
|
|
58,040
|
|
84,426
|
|
58,040
|
|
76,073
|
|
Cash and cash
equivalents at the end of period
|
|
59,611
|
|
62,056
|
|
72,846
|
|
59,611
|
|
72,846
|
|
Cash and cash
equivalents in the consolidated
balance sheet
|
|
59,351
|
|
62,056
|
|
72,846
|
|
59,351
|
|
72,846
|
|
Cash and cash
equivalents included in disposal groups held for sale
|
|
260
|
|
-
|
|
-
|
|
260
|
|
-
|
|
[1] All
financial information presented in this press release is unaudited,
consolidated and prepared in accordance with Taiwan-IFRS
(International Financial Reporting Standards as endorsed for use in
the R.O.C.). Such financial information is generated
internally by us and has not been subjected to the same review and
scrutiny, including internal auditing procedures and audit by our
independent auditors, to which we subject our year-end audited
consolidated financial statements, and may vary materially from the
year-end audited consolidated financial information for the same
period. Any evaluation of the financial information presented
in this press release should also take into account our published
year-end audited consolidated financial statements and the notes to
those statements. In addition, the financial information
presented is not necessarily indicative of our results of
operations for any future period.
[2] Long-term borrowings include
long-term loans and bills payable.
|
Investor Relations Contact
ir@aseglobal.com
Tel: +886.2.6636.5678
https://www.aseglobal.com
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SOURCE ASE Technology Holding Co., Ltd.