WT Microelectronics (3036 TT) held the on-line Investor Conference today to update the financial results of the second quarter of 2021 and business outlook. Consolidated revenue for the second quarter of 2021 was NT$102.1bn, net profit was quarterly record high NT$2.0bn, up 154% year on year, and EPS was NT$2.54 based on weighted average outstanding shares. Consolidated revenue for the first half of 2021 was NT$199.7bn, net profit was NT$3.51bn, up 150% year on year, and EPS was NT$4.45 based on weighted average outstanding shares.
For the outlook of the third quarter of 2021, revenue is expected to be between NT$116bn to NT$122bn, up 17% quarter on quarter and 30% year on year at mid-point. Operating profit margin is expected to be 2.3% to 2.5%. Mobile phone segment is expected to grow quarter on quarter strongly due to the new smartphone launch from customers. All other segments including Communication, Computing, Consumer, Industrial, and Automotive are expected to grow moderately quarter on quarter due to sustained demand and supply constraint.
As semiconductor demand is growing strongly due to accelerating global digitalization and professional market research institutions continue raising semiconductor market growth rate, WT keeps optimistic view on the demand growth of semiconductor market. WT will continue executing digital transformation to improve operation and supply chain management efficiency to better support upstream vendors and downstream customers. WT will continue pursuing market share expansion and long-term sustainable operating profit growth.