ChongQing Q3 With the semiconductor business entering the peak season, driven by the shipment of silicon wafers, photoresist and photomask substrates, the single quarter consolidated revenue rose 3.7% to 6.043 billion yuan, rewriting the record second highest, Up 9.6% over the same period last year, the average gross margin increased 0.6 percentage points quarter to 12.7%, net profit attributable to parent company 321 million yuan, 45.9% growth over the second quarter, 5.2% growth compared with the same period last year, setting a single-quarter profit A record high, net profit of 1.94 yuan per share, better than market expectations.
In the first three quarters of this year, ChongQing's consolidated revenue rose by 1.6% to RMB17.442 billion with an average gross profit margin of 12.4% as compared with the same period of last year. Due to the increase in operating expenses and the appreciation of the exchange rate of the Taiwan dollar in the first half of the year, After-tax net profit of 795 million yuan, down 10.8% over the same period last year, net profit of 4.79 yuan per share.
In the fourth quarter, due to enter the traditional peak season, Chongyue consolidated revenue of 2.061 billion yuan in October, maintaining at more than 2 billion high-end, up 16.9% over the same period last year, cumulative revenue of 19.503 billion yuan in the first 10 months of this year, growth over the same period last year 3.1%. Chongyue said that with the gradual improvement of the production volume of high-end customers and the driving force of the growth of advanced materials, the fourth quarter will be the peak season recognized by the engineering department. The revenue will reach its peak this year.
The legal person said that with TSMC next 7nm will enter mass production, the mainland has more than 10 12-inch wafer fab will be mass production next year, the silicon wafers, photoresist, quartz components, photomask substrate material needs Will significantly grow, help to impose revenue growth and profitability of the semiconductor business.
Moreover, the Chong Wai Environmental Engineering segment also has the opportunity to expand its wastewater treatment business opportunities for new wafer fabs in mainland China due to the rapid growth of wafer fabs in mainland China. In solar energy, the government is actively working toward developing power plant projects in Southeast Asia in response to the government's southbound policy. In addition to optimizing the operation of Ernst & Young freshwater access roads and sports and health businesses, the revenue from the "Safe and Easy Food Museum" at Su-O tourist sightseeing plant began to be remarked. The world-class aquatic products processing plant established in Kaohsiung will be completed and operational in the first quarter of next year , Is expected to bring a stable revenue and profit growth momentum.