Advanced Semiconductor Engineering, Inc. Announces March 2004 Net
Revenues
TAIPEI, Taiwan, April 9 /Xinhua-PRNewswire-FirstCall/ -- Advanced Semiconductor
Engineering, Inc. , announces its unaudited consolidated net revenues and the
unaudited net revenues for its packaging operations in Kaohsiung for the month
of March and first quarter of 2004. The Company's revenues in the first quarter
of 2004 were slightly below its original forecast. The lower than expected
revenues, asidefrom seasonal factors, were primarily due to unexpected capacity
constraints at foundries that limited certain of our customers' wafer
allocations, causing a consequent reduction in production volumes towards the
end of first quarter. Despite lower than expected revenues in the first
quarter, the Company continues to observe sequential revenue growth and
reaffirms its guidance for 50% year- over-year revenue growth for the full year
2004.
Consolidated Monthly net revenues (unaudited) *
Mar Feb Mar Sequential YoY
(NT$ Million) 2004 2004 2003 Change Change
Net Revenues 6,243 5,754 3,992 +8.49% +56.38% Q1 Q4 Q1 Sequential YoY
(NT$ Million) 2004 2003 2003 Change Change
Net Revenues 17,221 18,430 11,584 -6.56% +48.66%
Monthly net revenues for packaging operations in Kaohsiung (unaudited) Mar Feb Mar Sequential YoY
(NT$ Million) 2004 2004 2003 Change Change
Net Revenues 3,182 3,000 2,256 +6.06% +41.02% Q1 Q4 Q1 Sequential YoY
(NT$ Million) 2004 2003 2003 Change Change
Net Revenues 8,884 10,036 6,618 -11.48% +34.25% * Such consolidated net revenues include, in addition to net revenues of ASE
Inc.'s packaging operations in Kaohsiung, net revenues of majority owned
subsidiaries such as ASE Test Limited, ASE (Chung Li) Inc., ASE (Korea) Inc. and
ASE Material Inc. ASE Material Inc.'s March revenues of NT$ 668 millions were
not reflected in the consolidated net revenues due to internal sales
elimination.
For more information, please contact: ASE, Inc. Joseph Tung, CFO / Vice President or Freddie Liu, Financial Controller
Tel: +886-2-8780-5489
Fax: +886-2-2757-6121
Email:
Web: http://www.aseglobal.com/ CONTACT: Joseph Tung, CFO / Vice President, or Freddie Liu, Financial Controller, +886-2-8780-5489, or fax, +886-2-2757-6121, or ir@aseglobal.com, both of ASE, Inc.
DATASOURCE: Advanced Semiconductor Engineering, Inc.
Web Site: http://www.aseglobal.com/
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