MediaTek released its third quarter financial report for 2023 today. The net operating income in the third quarter was NT$110.098 billion, a month-on-month increase of 12.2%. , a year-on-year decrease of 22.6%.
MediaTek’s operating gross profit in the third quarter was NT$52.192 billion, an increase of 11.9% from the previous quarter and a decrease of 25.5% year-on-year. The gross profit margin was 47.4%, a decrease of 0.1 percentage points from the previous quarter and a decrease of 1.9% from the same period last year. percentage points.
MediaTek’s net profit in the third quarter was NT$18.48 billion, a year-on-year decrease of 40%, and an estimate of NT$16.79 billion.
MediaTek said that its revenue in the third quarter increased compared with the previous quarter, mainly due to some customers replenishing their inventory. Revenue in the third quarter decreased compared with the same period last year, mainly due to lower end demand.
In the third quarter, net profit for the current period, net profit margin for the current period and earnings per share increased compared with the previous quarter, mainly because the revenue in this quarter was higher than that in the previous quarter. In the third quarter, net profit for the current period, net profit margin for the current period and earnings per share decreased compared with the same period last year, mainly because the revenue and gross profit margin for this quarter were lower than the same period last year.
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