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ASE Technology Reports Stable Revenue Growth Amid Minor Income Declines

Story Highlights
  • ASE Technology reported net revenues of NT$162,264 million for 4Q24, a 1.0% increase year-over-year.
  • For 2024, ASE Technology’s annual net revenues rose by 2.3%, despite minor declines in net income and margins.
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ASE Technology Reports Stable Revenue Growth Amid Minor Income Declines

An update from ASE Technology Holding Co ( (ASX) ) is now available.

ASE Technology Holding Co., Ltd. reported its unaudited consolidated financial results for the fourth quarter and full year of 2024 on February 13, 2025. The company achieved net revenues of NT$162,264 million for 4Q24, marking a 1.0% year-over-year increase, though net income slightly decreased compared to both 4Q23 and 3Q24. The annual net revenues for 2024 reached NT$595,410 million, a 2.3% increase from 2023. The report indicates a stable revenue growth, but with minor declines in net income and margins, highlighting challenges in cost management and foreign exchange impacts.

More about ASE Technology Holding Co

ASE Technology Holding Co., Ltd. is a leading provider of semiconductor assembly and testing services, as well as electronic manufacturing services. The company operates primarily in the semiconductor industry, focusing on packaging, testing, and electronic manufacturing solutions.

YTD Price Performance: 2.20%

Average Trading Volume: 8,558,949

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $21.89B

See more data about ASX stock on TipRanks’ Stock Analysis page.

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