Taiwan Semiconductor Manufacturing (TSM) has released an update.
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Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) has published its 2023 financial results, revealing a net income of NT$838,498 million under Taiwan-IFRSs with earnings per share of NT$32.34. In contrast, using IFRSs as issued by the IASB for its U.S. SEC filing, TSMC showed a slightly higher net income of NT$851,740 million and earnings per share of NT$32.85. The primary discrepancy between the two reporting standards is attributed to the timing of tax recognition on unearned income.
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