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Taiwan Semiconductor | 6-K: Report of foreign private issuer (related to financial reporting)

SEC announcement ·  Jan 10 00:00
Summary by Moomoo AI
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) reported a decline in revenue for December 2023, with consolidated net revenue reaching approximately NT$176.30 billion, marking a 14.4% decrease from November 2023 and an 8.4% decrease from December 2022. The total revenue for the year 2023 was NT$2,161.74 billion, a 4.5% decrease from the previous year. The report, dated January 10, 2024, also included details on funds lent to other parties, endorsements and guarantees, and financial derivative transactions. TSMC's lending activities included loans to its wholly-owned subsidiaries, with TSMC China having an outstanding amount of NT$38.15 billion. Guarantees were provided to various TSMC subsidiaries, including TSMC North America and TSMC Global. The financial derivative transactions section reported on forward contracts and equity price linked products, with TSMC and its subsidiaries engaging in several derivative transactions, some of which applied hedge accounting.
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) reported a decline in revenue for December 2023, with consolidated net revenue reaching approximately NT$176.30 billion, marking a 14.4% decrease from November 2023 and an 8.4% decrease from December 2022. The total revenue for the year 2023 was NT$2,161.74 billion, a 4.5% decrease from the previous year. The report, dated January 10, 2024, also included details on funds lent to other parties, endorsements and guarantees, and financial derivative transactions. TSMC's lending activities included loans to its wholly-owned subsidiaries, with TSMC China having an outstanding amount of NT$38.15 billion. Guarantees were provided to various TSMC subsidiaries, including TSMC North America and TSMC Global. The financial derivative transactions section reported on forward contracts and equity price linked products, with TSMC and its subsidiaries engaging in several derivative transactions, some of which applied hedge accounting.
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