Taiwan Semiconductor Mfg. Co. Ltd. (ADR)(NYSE:TSM) Unveils Revenues For April 2015

The leading semiconductor company, Taiwan Semiconductor Mfg. Co. Ltd. (ADR)(NYSE:TSM), has reported revenues for April 2015. The company managed to report 4.2% on a month-on-month basis in terms of consolidated revenues.

Insights On The Financial Performance of Taiwan Semiconductor:

April 2015 proved to be one of the best months for the company in the recent past. Total consolidated revenue for this month was close to NT$75.33 billion, up 4.2% from March 2015. If taken into consideration the yearly growth, Taiwan Semiconductor’s revenue elevated 21.7% in the last 12 months.

Apart from the monthly revenues, it also announced the revenues for the period January 2015 to April 2015. As per the reports, the total revenues for the period were NT$297.36 billion, up 41.5% compared to the same period in the previous year. Taiwan Semiconductor’s revenue for the March month was NT$72.26 billion, which enhanced 4.2% in April 2015. It managed to earn total revenues of NT$61.88 billion in April 2014.

The announcement was made by Lora Ho, Chief Financial Officer & Senior Vice President, Taiwan Semiconductor Mfg. Co. Ltd. (ADR)(NYSE:TSM). She was accompanied by the Director, Corporate Communications Division of the company. The entire management team of the company including CEO, CFO and other senior leaders was delighted to announce these financial results and hoped that the figures will improve in the future. The company also revealed its plans to come up with the products and services that can fulfill customers’ expectations in the coming months.

None of the senior leaders talked with reporters about the future outlook of the company, but experts anticipate that the company will stick to the same outlook that it had announced while reporting yearly financial results. The global market conditions have improved lately; hence, industry experts think that Taiwan Semiconductor will not have to struggle as much in the future as it did in the past few months.

Brown Terrel

Brown Terrel

Terrel is US Markets Daily's business news reporter. She joined US Markets Daily after five years as a print reporter.