Powertech's Q4 revenue was NT$22.423 billion, up 17.9% year-on-year

Recently, Taiwan's semiconductor packaging and testing manufacturer Powertech announced its fourth quarter and full year financial results ending December 31, 2021.

According to the announcement, Powertech Technology's net sales in the fourth quarter of 2021 were NT$22.423 billion, a month-on-month increase of 0.5% and a year-on-year increase of 17.9%; gross profit reached NT$5.255 billion, with a gross profit margin of 23.0%; net profit was NT$3.228 billion, a month-on-month decrease of 2.6% and a year-on-year increase of 57.1%.

In 2021, Powertech's operating income was NT$83.794 billion, a year-on-year increase of 10%; gross profit was NT$19.295 billion, with a gross profit margin of 28%; and net profit was NT$11.726 billion, a year-on-year increase of 43%.

Specifically, in the past three years, Powertech's operating income, gross profit margin, and earnings per share have all increased year by year, with the gross profit margin and earnings per share growing at a higher rate in 2021.

In terms of service types, packaging accounted for the highest proportion in 2021, reaching 67%, testing accounted for 22%, and SiP/Module accounted for 9%. The proportion of SiP/Module decreased slightly compared with last year.

In terms of terminal market distribution, in 2021, NAND accounted for 36%, logic chips accounted for 35%, DRAM accounted for 20%, and Sip/Module accounted for 9%. Among them, the proportion of logic chip business in 2021 increased significantly compared with 2020.

It is understood that Powertech Technology was founded in 1997 and is the world's fifth largest outsourced packaging and testing company. It is a global leader in the global integrated circuit packaging and testing service providers. The service scope covers wafer probing, packaging, testing, pre-burning to global shipment of finished products. Currently, Powertech Technology has more than 12,000 employees and several world-class factories in Hsinchu, Zhunan, Taiwan, Suzhou, China and Singapore.