TapTechNews July 15th news, according to the data obtained by LSEGSmartEstimate from 20 analysts, TSMC will report a quarterly net profit of NT$236.1 billion (TapTechNews note: currently about 52.708 billion yuan) as of June 30th.
Compared to that, TSMC's net profit in the second quarter of 2023 was NT$181.8 billion (currently about 40.586 billion yuan), so in the second quarter of 2024 it is expected to increase by about 30% year-on-year.
TSMC will hold a conference call for the second quarter earnings report of 2024 on Thursday and will update its outlook for this quarter and the full year, including its capital expenditures when expanding production.
TSMC's consolidated revenue in June 2024 was approximately NT$207.869 billion (currently about 46.405 billion yuan), a 9.5% decrease month-on-month compared to the previous month and a 32.9% increase year-on-year compared to June last year. TSMC's cumulative revenue from January to June this year was approximately NT$1266.15 billion (currently about 2826.59 billion yuan), an increase of 28.0% compared to the same period last year.