ChipMOS Q1 2024 Earnings Surge, Dividend Proposed
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ChipMOS Q1 2024 Earnings Surge, Dividend Proposed

ChipMOS Technologies Ltd. (IMOS) has released an update.

ChipMOS Technologies Ltd. reported a robust first quarter for 2024, with a significant 17.7% increase in revenue compared to the same period last year and a substantial improvement in gross margin by 180 basis points. The company’s net earnings more than doubled, reaching NT$0.60 per basic common share, up from NT$0.28 in Q1 2023. In light of these strong results, ChipMOS’s Board of Directors has proposed a dividend of NT$1.8 per share, pending shareholder approval at the upcoming annual meeting.

For further insights into IMOS stock, check out TipRanks’ Stock Analysis page.

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