UMC Reports Fourth Quarter 2017 Results

CAPEX spending in 4Q17 was US$364 million, bringing 2017’s total CAPEX to US$1.4 billion. Our 2018 CAPEX budget will be approximately US$1.1 billion.

Brief Summary of Full Year 2017 Consolidated Results

 
Operating Results
(Amount: NT$ million)   2017   2016   YoY %
change
Net Operating Revenues   149,285   147,870   1.0
Gross Profit 27,058 30,379 (10.9)
Operating Expenses (22,143) (23,922) (7.4)
Net Other Operating Income & Expenses 1,653 (263) -
Operating Income 6,568 6,194 6.0
Net Non-Operating Income & Expenses 1,230 (1,347) -
Income Tax Expenses (1,167) (984) 18.6
Net Income Attributable to Stockholders of the Parent 9,629 8,316 15.8
EPS (NT$ per share) 0.79 0.68
(US$ per ADS)   0.133   0.114    
 
  • Consolidated revenue in NTD increased 1.0% YoY to NT$149.29 billion, up from NT$147.87 billion in 2016.
  • Gross margin was 18.1%, compared to 20.5% in 2016.
  • Operating margin was 4.4%, compared to 4.2% in 2016.
  • Net income attributable to stockholders of the parent was NT$9.63 billion in 2017.
  • EPS was NT$0.79, or EPADS was US$0.133 for 2017.
  • The contribution from 28nm technologies and below remained at 17% in 2017. The revenue from 40nm in 2017 increased to 28%.

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