ChipMOS Technologies (IMOS) has released an update.
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ChipMOS Technologies has reported positive financial results for the second quarter of 2024, with a 7.2% revenue increase from the previous quarter and a 5.8% rise in gross profit. The company’s net earnings grew to NT$0.62 per basic common share, up from NT$0.60 in the first quarter, and it maintained a strong cash balance of approximately US$451.5 million. Additionally, ChipMOS distributed a cash dividend of NT$1.8 per common share, underscoring its commitment to shareholder returns.
For further insights into IMOS stock, check out TipRanks’ Stock Analysis page.
