GlobalWafers Reports April EPS of NT$8.85, Boosted by Siltronic Valuation Gain

(CNA, Hsinchu, by reporter Chang Chien-chung, May 19) Semiconductor silicon wafer manufacturer GlobalWafers saw its net profit attributable to the parent company surge to NT$4.231 billion in April, with an earnings per share (EPS) of NT$8.85, due to recognizing a valuation gain from the rising stock price of Siltronic, a company in which it holds shares. GlobalWafers announced its self-assessed April profit today after its securities met the criteria for a trading notice. In April, GlobalWafers' revenue was NT$4.748 billion, a decrease of 10.13% year-over-year. The net profit attributable to the parent company was NT$4.231 billion, a significant improvement from the loss of NT$87 million in the same period last year, with an EPS of NT$8.85. GlobalWafers stated that its core business operations are stable and the higher April EPS was mainly due to the valuation gain recognized from the increased price of its Siltronic stock. GlobalWafers reminded investors that the Siltronic valuation gain is an unrealized change in the fair value of financial assets. Until the Siltronic shares are actually disposed of, this gain will fluctuate with the stock price, and investors are urged to carefully assess the associated risks.