STABLE MARKET: With DRAM demand looking healthy in the second half, the company could see sustainable gross margins and revenue hit a new record, its president said

Taipei Times
Date: Jul 18, 2018
By: Lisa Wang  /  Staff reporter

DRAM chipmaker Nanya Technology Corp (南亞科技) yesterday said that its second-quarter net profit rose 56 percent sequentially, as higher prices and increased output drove gross margins to a historical high.

Net earnings soared to NT$11.3 billion (US$370.3 million) in the quarter ending June 30, compared with NT$7.23 billion in the first quarter, the company’s financial statement showed.

Earnings per share jumped to NT$3.68 last quarter from NT$2.39 in the previous quarter.

On an annual basis, net profit soared about 74 percent from NT$6.49 billion, or NT$2.36 a share, in the second quarter last year, the statement showed.
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