The Hill Ledger

Taiwan edition · Monthly revenue

Hon Hai posts record September revenue as market declines

Taiwan's 150 largest listed groups lifted September revenue 50 per cent to NT$5.3tn as foreign investors sold shares across the market.

Hon Hai Precision Industry posted September revenue of NT$1.2tn, its highest monthly figure on record. The electronics maker contributed to combined revenue of NT$5.3tn reported by Taiwan's 150 largest listed groups, up 50 per cent from a year earlier.

The Taiex fell 2.5 per cent in the latest session to close at 45,212, taking its decline over the past week to 3.6 per cent. Across the 150 largest listed companies, 120 fell and 26 rose on 30 October.

Foreign investors recorded NT$112.5bn of net selling on the session, taking net sales over the past week to NT$255.1bn and over the past month to NT$1.0tn. Dealers posted NT$110.5bn of net selling over the week, while investment trusts registered NT$77.0bn of net buying.

Weekly net sales by foreign investors included NT$61.9bn of chipmaker TSMC and NT$35.6bn of chipmaker MediaTek. The same investors bought NT$9.4bn of chipmaker Winbond Electronics.

Companies in this column: Winbond Electronics, TSMC, MediaTek, Hon Hai Precision Industry.