MediaTek Inc. Reports First-Quarter Consolidated Results
Date of events
2022/04/27
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/04/27
2.Company name:MediaTek Inc.
3.Relationship to the Company (please enter "head office" or
"subsidiaries"):Head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
MediaTek Inc. Reports First-Quarter Consolidated Results
1Q22 consolidated revenue of NT$142,711 million, up 10.9% from previous
quarter and up 32.1% year-over-year
1Q22 consolidated gross margin of 50.3%, up 0.7 percentage points from
previous quarter and up 5.4 percentage points year-over-year
1Q22 consolidated operating income of NT$36,467 million, up 22.7% from
previous quarter and up 80.5% year-over-year
1Q22 consolidated net income of NT$33,413 million; EPS of NT$21.02
Consolidated Revenue
MediaTek Inc. today announced financial results of first-quarter
ended March 31, 2022. The first-quarter revenue was NT$142,711 million,
up 10.9% sequentially and up 32.1% year-over-year. The
quarter-over-quarter and year-over-year increases were mainly due
to product specifications upgrade or higher demand across major products.
Consolidated Gross Profit and Gross Margin
The first-quarter gross profit was NT$71,783 million, up 12.5%
sequentially and up 47.9% year-over-year. Gross margin for the
quarter was 50.3%, up 0.7 percentage points sequentially and
up 5.4 percentage points year-over-year. The quarter-over-quarter
and year-over-year increases in gross margins were mainly due to
better product mix.
Consolidated Net Income, Net Profit Margin and EPS
Net income for the quarter was NT$33,413 million, up 10.8%
sequentially and up 29.6% year-over-year. Net profit margin for
the quarter was 23.4%, same as previous quarter and slightly
decreased from 23.9% in the year-ago quarter. EPS was NT$21.02,
up from NT$18.99 in the prior quarter and NT$16.21 in the year-ago
quarter. The quarter-over-quarter and year-over-year increases
in net income and EPS were mainly due to higher revenue and
gross margin this quarter.
Business Outlook for 2Q22
Consolidated Revenue: Around NT$147 billion ~ 157 billion, at
a forecast exchange rate of 28.5 NT dollars to 1 US dollar
Consolidated Gross Margin: 49% ± 1.5%
Consolidated Operating Expense Ratio : 24% ± 2%
6.Countermeasures:NA
7.Any other matters that need to be specified:NA
Attachments
Original Link
Original Document
Permalink
Disclaimer
Mediatek Inc. published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 10:04:16 UTC.
MediaTek Inc is a Taiwan-based company principally engaged in the research, development, manufacture and distribution of multimedia integrated circuit (IC) chipsets. The main products including mobile communication chipsets, tablet computer chips, bluetooth chips, wireless local area network (WLAN) chips, global positioning system (GPS) chips, optical storage chipsets, artificial intelligence Internet of Things device single chips, automotive electronic chipsets and others. The Company is also involved in the provision of related design, testing, maintenance and technological consultancy services. The Company's products are mainly used in mobile phones, digital TVs, personal computer systems, digital home appliances, wearable devices and Internet of Things products. The Company mainly distributes its products in domestic and overseas markets.
MEDIATEK INC. 
