ASE Industrial Holding has disclosed its first monthly revenue figure after its establishment as the parent company of Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL). Market watchers expect the entity to post revenues of nearly NT$410 billion (US$13.8 billion) for 2018.
ASE Industrial will likely generate EPS of as high as NT$6.90 in 2018, according to the watchers.
ASE Industrial reported consolidated revenues of NT$30.98 billion for May 2018. Sales of its IC assembly, testing and material business came to a combined NT$20.9 billion during the month, when ASE Industrial started recognizing sales from oth ASE and SPIL.
ASE Industrial started trading on the TWSE mainboard on April 30, while shares of both ASE and SPIL were delisted. ASE and SPIL in 2016 reached a deal to merge under the parent holding company.
ASE Industrial chairman Jason Chang was quoted in previous reports as saying the newly-established holding company will take as much as 90% of the overall OSAT industry profits. As ASE and SPIL will still keep their legal entities and retain their existing operation models according to the deal they reached, the companies have no concern about orders shifted away, Chang noted.
Memory backend specialist Powertech Technology (PTI) saw its May revenues climb to a record high of NT$5.85 billion. The company's cumulative 2018 revenues through May totaled NT$27.34 billion, rising 27.2% from a year earlier.
