Core Insights - ChipMOS Technologies Inc. reported consolidated financial results for Q4 and the full year ended December 31, 2024, highlighting a decrease in quarterly revenue but an increase in annual revenue compared to the previous year [1][3]. Financial Performance - Q4 2024 revenue was NT164.7 million), down 11.0% from Q3 2024 and down 5.7% from Q4 2023 [3]. - Full year 2024 revenue reached NT692.2 million), marking a 6.3% increase from NT651.3 million) in 2023 [3]. - Net profit for Q4 2024 was NT7.1 million), a decrease from NT9.1 million) in Q3 2024 and NT14.7 million) in Q4 2023 [5]. - Full year net profit for 2024 was NT43.3 million), down from NT57.7 million) in 2023 [6]. Non-Operating Income - Q4 2024 net non-operating income was NT4.7 million), a significant improvement from net non-operating expenses in both Q3 2024 and Q4 2023 [4]. - Full year net non-operating income for 2024 was NT11.4 million), slightly up from NT11.0 million) in 2023 [4]. Cash Flow and Liquidity - The net free cash outflow for the fiscal year 2024 was NT28.6 million), primarily for capacity additions [7]. - The company maintained a strong cash position with NT464.1 million) in cash and cash equivalents [7]. Shareholder Actions - The Board authorized a dividend of NT350 million was announced [8]. Market Position - ChipMOS is recognized as an industry leader in outsourced semiconductor assembly and test services, serving a wide range of end markets globally [10].
ChipMOS REPORTS FOURTH QUARTER AND FULL YEAR 2024 RESULTS