Taipei, June 11 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC), the world's largest contract chipmaker, saw its sales hitting a new high for May, with analysts attributing the growth to growing global demand for emerging technologies, particularly high performance computing (HPC) devices.
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
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.
President Chain Store mulls NT$9 per share dividend
DESPITE PROFIT DROP: Local subsidiaries continued to generate increasing operating profit, while some overseas operations were affected by COVID-19, the company said
By Chen Cheng-hui / Staff reporter
President Chain Store Corp’s (PCSC, 統一超商) board of directors has proposed distributing a cash dividend of NT$9 per common share, the second-highest in the company’s history, despite the firm’s lower net profit last year due to losses from its overseas investments.
Taiwan’s largest convenience store operator, which owns more than 6,000 7-Eleven stores around the nation, reported net profit of NT$10.24 billion (US$361.61 million) for last year, down 2.85 percent from the NT$10.54 billion in 2019, PCSC said in a statement on Friday.
Wan Hai orders 50,000 containers amid shortage
Wan Hai Lines Ltd has purchased 50,000 twenty-foot equivalent unit containers from China International Marine Containers Ltd at a cost of US$141.73 million amid a global container shortage, the company said in a filing with the Taiwan Stock Exchange on Monday.
The average price of the containers would be US$2,835 per unit, Wan Hai said.
The company expects to receive the containers from the second quarter onward, Wan Hai spokeswoman Laura Su (蘇麗梅) told the Taipei Times by telephone yesterday.
Most of the new containers would be 40-foot high-cube containers, one of the most commonly used containers for ocean freight, Su said.