Macronix's Q3 gross profit margin exceeded 70%, profit exceeded 10 billion yuan, a new high

Macronix held a legal meeting today (27th). The picture shows Chairman Wu Minqiu. (File photo)

[Reporter Lin Yiru/Report from Taipei] Memory factory Macronix (2344) held a legal meeting today (27th) and announced its third quarter financial report. Benefited from strong demand for memory and soaring prices, the single-quarter gross profit margin exceeded 70%, reaching 70.5%, a quarterly increase of 6.1 percentage points. The single-quarter profit also exceeded the 10 billion yuan mark, with a quarterly increase of 42%, a new high. In the first three quarters, it has made more than 1 equity.

Macronix's consolidated revenue in the third quarter was 24.237 billion yuan, a quarterly increase of 27%, an annual increase of 195%, a gross profit margin of 70.5%, a quarterly increase of 6.1 percentage points, and an annual increase of 57 percentage points. The operating profit rate was 53.4%, a quarterly increase of 6.5 percentage points, turning positive compared with the same period last year; after-tax earnings were 10.951 billion yuan, a quarterly increase of 42%, turning into profit compared with the same period last year, and after-tax earnings per share of 5.52 yuan.

Macronix's consolidated revenue in the first three quarters was 53.881 billion yuan, an annual increase of 155%, gross profit margin was 62.6%, an annual increase of 47.2 percentage points, operating profit rate was 44.3%, turning positive compared with the same period last year; after-tax earnings were 20.466 billion yuan, turning profitable compared with the same period last year, and after-tax earnings per share were 10.34 yuan.