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TSMC s sales hit new high for May - Focus Taiwan

Powerchip Semiconductor posts NT$3 81bn net profit

Powerchip Semiconductor posts NT$3.81bn net profit TURNAROUND: Healthy demand helped boost chip prices and revenue, which rose 37.24% to NT$45.68 billion last year, making the firm profitable again By Lisa Wang / Staff reporter Powerchip Semiconductor Manufacturing Corp (力積電) swung back into the black last year, reporting a net profit of NT$3.81 billion (US$134.51 million) attributable to healthy demand mainly for power management ICs and driver ICs for flat panels, the company said in a filing with the Taiwan Stock Exchange on Tuesday. That translates into earnings per share of NT$1.23. In 2019, Powerchip reported a loss of NT$1.48 billion, or losses per share of NT$0.94. Gross margin improved significantly to 24.06 percent last year, from 8.36 percent a year earlier.

Taiwan Pelican s board approves record dividend

Taiwan Pelican’s board approves record dividend COVID-19 TREND: The company’s net profit rose 29 percent annually last year and its revenue increased 7.3 percent as more people were shopping online By Kao Shih-ching / Staff reporter Taiwan Pelican Express Co’s (台灣宅配通) board of directors has approved a proposal to distribute a cash dividend of NT$1.8 per share, the highest in the company’s history, as its net profit rose 29 percent annually last year thanks to booming e-commerce sales. The home delivery service provider had offered cash dividends ranging from NT$0.45 to NT$1.2 per share from 2012 to last year, company data showed.

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