MediaTek Inc. Reports Second-Quarter Consolidated Results
Date of events
2022/07/29
To which item it meets
paragraph 51
Statement
1.Date of occurrence of the event:2022/07/29
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:
2Q22 consolidated revenue of NT$155,730 million, up 9.1% from previous
quarter and up 23.9% year-over-year
2Q22 consolidated gross margin of 49.3%, down 1 percentage points from
previous quarter and up 3.1 percentage points year-over-year
2Q22 consolidated operating income of NT$39,181 million, up 7.4% from
previous quarter and up 35.9% year-over-year
2Q22 consolidated net income of NT$35,612 million; EPS of NT$22.39
Consolidated Revenue
MediaTek Inc. today announced financial results of second-quarter
ended June 30, 2022. The second-quarter revenue was NT$155,730 million,
up 9.1% sequentially and up 23.9% 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 second-quarter gross profit was NT$76,764 million, up 6.9% sequentially
and up 32.3% year-over-year. Gross margin for the quarter was 49.3%,
down 1 percentage points sequentially and up 3.1 percentage points
year-over-year. The quarter-over-quarter and year-over-year changes
in gross margins were mainly due to product mix changes.
Consolidated Net Income, Net Profit Margin and EPS
Net income for the quarter was NT$35,612 million, up 6.6% sequentially
and up 29.1% year-over-year. Net profit margin for the quarter was 22.9%,
decreased from 23.4% in the previous quarter and increased from 22%
in the year-ago quarter. EPS was NT$22.39, up from NT$21.02 in
the prior quarter and NT$17.44 in the year-ago quarter. The
quarter-over-quarter increases in net income and EPS were
mainly due to higher revenue this quarter. The lower net profit
margin compared with last quarter was mainly due to lower gross
margin this quarter. The year-over-year increases in net income,
net profit margin and EPS were mainly due to higher revenue and
gross margin this quarter.
Business Outlook for 3Q22
Consolidated Revenue: Around NT$141.7 billion ~ 154.2 billion, at
a forecast exchange rate of 29.5 NT dollars to 1 US dollar
Consolidated Gross Margin: 49% ± 1.5%
Consolidated Operating Expense Ratio : 26% ± 2%
6.Countermeasures:NA
7.Any other matters that need to be specified:NA
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Mediatek Inc. published this content on 29 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2022 08:54:06 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. 
