United Microelectronics Corporation Reports Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2017; Provides Capex Guidance for the Year 2018
For the year, the company reported net operating revenues of TWD 149,285 million. Operating income was TWD 6,568 million. Income from continuing operations before income tax was TWD 7,798 million. Net income attributable to stockholders of the parent of TWD 9,629 million or TWD 0.79 per basic share. Net cash provided by operating activities was TWD 52,474 million and acquisition of property, plant and equipment was of TWD 91,561 million and acquisition of intangible assets was of TWD 44,236 million. Acquisition of intangible assets was TWD 1,284 million. The company reported Capex spending of USD 1.4 billion.
2018 CAPEX budget will be approximately USD 1.1 billion.