Stable Financial Performance

Continued growth in 2022! 28% increase in group operating revenue

WT’s operating revenue increased by 28%‭ ‬from NTD447.9‭ ‬billion in 2021‭ ‬to NTD571.2‭ ‬billion in 2022‭. ‬The net profit for 2022‭ ‬was NTD7.6‭ ‬billion‭, ‬and the after-tax EPS was about NT$8.61‭ ‬based on the weighted average number of shares‭.‬

Continuous optimization and upgrade in the semiconductor sector

Digital transformation has been accelerating since the pandemic began‭. ‬With sustainable development‭, ‬energy conservation‭, ‬and carbon reduction as the shared goals‭, ‬the semiconductor sector will maintain strong market potential in the long run‭. ‬Despite the‭ ‬challenges from macroeconomic uncertainties and inventory adjustments in the semiconductor sector in the short term‭, ‬WT will continue to develop high-growth products for applications such as third-generation semiconductors‭, ‬electric vehicles‭, ‬energy management‭, ‬green energy‭, ‬cloud data centers‭, ‬5G communications‭, ‬etc‭, ‬of which the rapid development also demands semiconductor components‭. ‬In addition to further developing high-growth product application markets and increasing the market share‭, ‬WT will carry on digital optimization to improve operational efficiency‭, ‬optimize operational management systems‭, ‬strengthen financial control‭ ‬systems‭, ‬and strengthen human resource management to enhance our ability to provide added value in the semiconductor industry chain‭, ‬and build the foundation for a sustainable corporate‭.‬

Operating Revenue and Profit, 2018-2022(in NTD million)	2018	2019	2020	2021	2022
Operating revenue	273,416	335,187	353,152	447,896	571,197
Operating costs	262,771	324,387	342,378	430,909	551,365
Gross profit	10,645	10,800	10,774	16,987	19,832
Operating expenses	5,391	5,547	5,458	6,430	8,050
Selling expenses	4,017	4,150	4,069	4,522	5,533
General and administrative expenses	946	988	979	1,296	1,861
Research and development expenses	368	407	386	609	655
Impairment loss determined in accordance with IFRS9	60	2	24	3	1
Operating profit	5,254	5,253	5,316	10,557	11,782
Non-operating income and expenses	-1,633	-1,944	-517	-377	-1,871
Profit before income tax	3,621	3,309	4,799	10,180	9,911
Income tax expense	842	778	1,004	2,325	2,311
Profit for the year	2,779	2,531	3,795	7,855	7,600
Other comprehensive income‭ (‬loss‭)‬	261	-568	6,569	2,140	-7,070
Total comprehensive income for the year	3,040	1,963	10,364	9,995	530
Basic earnings per share‭ (‬in dollars‭ )‬	5.02	4.32	5.22	9.96	8.61

Operating Revenue and Profit, 2018-2022(in NTD million)

	2022	2021	2020	2019	2018
Operating revenue	571,197	447,896	353,152	335,187	273,416
Operating costs	551,365	430,909	342,378	324,387	262,771
Gross profit	16,987	19,832	10,774	10,800	10,645
Operating expenses	8,050	6,430	5,458	5,547	5,391
Selling expenses	5,533	4,522	4,069	4,150	4,017
General and administrative expenses	1,861	1,296	979	988	946
Research and development expenses	655	609	386	407	368
Impairment loss determined in accordance with IFRS9	1	3	24	2	60
Operating profit	11,782	10,557	5,316	5,253	5,254
Non-operating income and expenses	-1,871	-377	-517	-1,944	-1,633
Profit before income tax	9,911	10,180	4,799	3,309	3,621
Income tax expense	2,325	2,311	1,004	778	842
Profit for the year	7,600	7,855	3,795	2,531	2,779
Other comprehensive income (loss)	-7,070	2,140	6,569	-568	261
Total comprehensive income for the year	530	9,995	10,364	1,963	3,040
Basic earnings per share (in dollars )	8.61	9.96	5.22	4.32	5.02

GRI-specific Expenditure Disclosures(in NTD million)	2018	2019	2020	2021	2022
Employee salary and benefits	3,224	3,413	3,402	4,040	5,023
Interest expense and dividend	3,080	3,341	2,636	3,305	7,147
Government subsidy	0	0	0	0	0
Direct/Indirect political contributions	0	0	0	0	0
Community investment spending	7	7	8	15	11
Retained economic value ‭ (‬retained surplus‭)‬	1,391	886	1,206	3,154	3,518

GRI-specific Expenditure Disclosures(in NTD million)

	2022	2021	2020	2019	2018
Employee salary and benefits	3,402	4,040	5,023	3,413	3,224
Interest expense and dividend	7,147	3,305	2,636	3,341	3,080
Government subsidy	0	0	0	0	0
Direct/Indirect political contributions	0	0	0	0	0
Community investment spending	11	15	8	7	7
Retained economic value (retained surplus)	3,518	3,154	1,206	886	1,391

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