Summary by Moomoo AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC), a leading semiconductor manufacturer, reported a net revenue of NT$251.87 billion for September 2024, marking a 0.4 percent increase from the previous month and a significant 39.6 percent increase from September 2023. The revenue from January to September 2024 reached NT$2,025.85 billion, showing a robust growth of 31.9 percent compared to the same period in the previous year. The financial update, signed by CFO Wendell Huang, also included details on funds lent to other parties, endorsements and guarantees, and financial derivative transactions. TSMC's lending activities involved its subsidiaries in China and Nanjing, with outstanding amounts of NT$36.08 billion and NT$949.14 million, respectively. Guarantees were provided to various TSMC subsidiaries, including TSMC North America and TSMC Arizona. The report also disclosed financial derivative transactions, with TSMC showing an outstanding notional amount of NT$79.97 billion and a cumulative unrealized profit of NT$274.19 thousand. The company's subsidiaries also engaged in derivative transactions, with mixed results in realized and unrealized profits and losses.
