Taiwan Semiconductor Manufacturing Company Limited reported earnings results for the fourth quarter ended December 31, 2017. For the quarter, the company reported consolidated revenue of TWD 277.57 billion, net income of TWD 99.29 billion, and diluted earnings per share of TWD 3.83. Year-over-year, fourth quarter revenue increased 5.9% while net income and diluted EPS both slightly decreased 0.9%. The decreases in net income and EPS were mainly due to the strong appreciation of NT dollars, which affected the operating profit margin rate negatively by about two percentage points. During the fourth quarter, the company generated about TWD 204 billion cash from operations and spent TWD 61 billion in capital expenditure.

The company provided earnings guidance for the first quarter of fiscal 2018. For the quarter, the company revenue is expected to be between USD 8.40 billion and USD 8.50 billion. Expects the 2018 capital budget to be between USD 10.5 billion and USD 11 billion.