Summary by Moomoo AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) reported its revenue for August 2024, revealing a mixed financial performance. The company's consolidated net revenue for the month was NT$250.87 billion, marking a 2.4% decrease from July 2024 but a significant 33.0% increase from August 2023. The cumulative revenue from January to August 2024 reached NT$1,773.97 billion, which is a 30.8% rise compared to the same period the previous year. Additionally, TSMC disclosed information on funds lent to other parties, endorsements and guarantees, and financial derivative transactions for the month. Notably, TSMC China and TSMC Development have outstanding loan amounts of NT$36.04 billion and NT$958.8 million, respectively. Guarantees provided to various TSMC subsidiaries amounted to billions of NT dollars, with TSMC itself having an outstanding guarantee amount of NT$2.66 billion. The report also included details on financial derivatives, with TSMC having an outstanding notional amount of NT$46.02 billion and a cumulative unrealized profit/loss of NT$189,350. The report, signed by CFO Wendell Huang, fulfills the company's regulatory requirements under the Securities Exchange Act of 1934 for the month of September 2024.
