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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