AT Semicon Reports Q3 Sales of 97.2 Billion KRW, Up 10.1% Year-on-Year

[Asia Economy Reporter Jang Hyowon] AT Semicon has sustained sales growth for three consecutive years.

AT Semicon, a semiconductor back-end process company, announced on the 16th that its consolidated sales in the third quarter reached 97.5 billion KRW, a 10.12% increase compared to the same period last year. Operating loss and net loss were recorded at 3.8 billion KRW and 7 billion KRW, respectively.

A company representative stated, “The operating deficit is due to increased fixed costs from expansion and one-time expenses such as depreciation,” adding, “We expect performance to improve from the second half of the year due to the effect of the Jincheon 3rd factory expansion and the growth of affiliated companies.”