Operating revenues grew 4.7% to NT$37.74 billion. COGS increased 3.1% to NT$31.31 billion, as depreciation declined 6.3% to NT$10.71 billion while other manufacturing costs increased 8.7% to NT$20.60 billion primarily due to higher wafer shipments. Gross profit grew 13.8% to NT$6.43 billion. Operating expenses declined 8.0% to NT$5.13 billion. R&D expense represented 7.5% of 3Q19 operating revenues and net other operating income was NT$1.21 billion. In 3Q19, the company realized an operating income of NT$2.51 billion.

Non-Operating Income and Expenses
(Amount: NT$ million)	3Q19	2Q19	3Q18
Non-Operating Income and Expenses	(532)	(617)	(1,606)
Net Interest Income and Expenses	(503)	(497)	(507)
Net Investment Gain and Loss	736	69	(126)
Exchange Gain and Loss	(752)	(182)	(961)
Other Gain and Loss	(13)	(7)	(12)

Net non-operating expense in 3Q19 was NT$532 million, mainly resulting from NT$752 million in exchange loss and NT$503 million in net interest expense, partly offset by NT$736 million in net investment gain.

Cash Flow Summary
(Amount: NT$ million)	For the 3-Month Period Ended Sep. 30, 2019	For the 3-Month Period Ended Jun. 30, 2019
Cash Flow from Operating Activities	(3,080)	12,268
Net income before tax	1,977	1,144
Depreciation & Amortization	12,050	12,185
Expected credit losses	4	587
Share of profit of associates and joint ventures	(109)	(201)
Income tax paid	(99)	(135)
Changes in working capital & others	(16,903)	(1,312)
Cash Flow from Investing Activities	(3,968)	(4,188)
Acquisition of PP&E	(3,550)	(3,904)
Acquisition of intangible assets	(732)	(247)
Others	314	(37)
Cash Flow from Financing Activities	4,137	(6,467)
Bank loans	11,168	(1,197)
Redemption of bonds	-	(2,500)
Treasury stock acquired	-	(2,641)
Cash dividends	(6,914)	-
Others	(117)	(129)
Effect of Exchange Rate	(692)	10
Net Cash Flow	(3,603)	1,623
Beginning balance	90,356	88,738
Changes in non-current assets held for sale	2	(5)
Ending balance	86,755	90,356

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