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TSMC’s first quarter net profit was 4.9 billion USD with gross profit margin of 52.2%

TSMC released its financial report for the first quarter of the fiscal year 2021 as of March 31. According to the financial report, TSMC’s consolidated revenue in the first quarter was 362.41 billion yuan (NTD, the same below) (approximately US$12.731 billion), a year-on-year increase of 16.7%.

The net profit was 139.69 billion yuan (approximately US$4.907 billion), a year-on-year increase of 19.4%, gross profit margin of 50.5%-52.5%, profit margin of 39.5%-41.5%. There was a sudden power outage in the Fab14 P7 plant of TSMC Nanke yesterday morning.

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The industry estimated that 30,000 wafers were affected, and the loss amount was less than NT$1 billion (equivalent to RMB 230 million). At present, the world’s advanced chips are in short supply. TSMC’s first-quarter revenue also exceeded analyst expectations.

On average, analysts expect TSMC’s revenue in the first quarter to be NT$360.5 billion. It now appears that TSMC has succeeded in setting a record for the third consecutive quarter.

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