Listed Companies' May Revenue Up 32% Year-on-Year, Driven by Semiconductor and Computer Industries

By Central News Agency reporter Ho Hsiu-ling, Taipei, June 11

The GreTai Securities Market (GTSM) announced that the total revenue of all listed companies in May 2024 reached NT$327.1 billion, a 32% year-on-year increase. Key growth sectors included semiconductors, computer and peripheral equipment, and other electronics industries. Among the companies, 607 reported revenue growth, 279 experienced declines, and 2 remained flat.

GTSM released a press statement today confirming that all 888 listed companies, including 30 KY companies, have completed their May revenue reporting by June 10.

Cumulative revenue for the first five months of 2024 reached NT$1.5012 trillion, up 23% year-on-year. Of these, 585 companies saw revenue growth, 302 declined, and 1 remained unchanged, indicating a solid fundamental growth trend among listed companies.

The primary industries showing year-on-year revenue growth in May were semiconductors, computer and peripheral equipment, and other electronics. The semiconductor and computer peripheral sectors benefited from increased memory demand driven by AI applications. Other electronics industries gained from rising demand for AI server cooling, semiconductor fab expansions, data center construction, and higher precious metal prices.

Industries with declining revenue included construction and building materials, textiles and fibers, and sports and leisure. The construction sector's revenue fluctuated based on project completion and handover schedules. Textiles, fibers, and sports/leisure sectors were affected by global geopolitical instability and changes in customer procurement timelines.

For the cumulative January–May period, the leading growth industries remained semiconductors, computer peripherals, and other electronics. The declining sectors were construction, sports and leisure, and textiles and fibers, with similar reasons as observed in May performance. (Edited by Yang Kai-hsiang)