MediaTek Announces 2022Q4 and Annual Financial Report
MediaTek’s annual revenue in 2022 will be NT$548,796 billion, a year-on-year increase of 11.2%, and a record high for three consecutive years; profit was NT$118,625 billion, a year-on-year increase of 6%; the comprehensive gross profit margin for the year was 49.4%, an increase of 2.5 percentage points year-on-year; diluted earnings per share was NT$74.59, which also hit a record high.
MediaTek’s net inventory in the fourth quarter of 2022 was NT$70,703 billion, and the inventory turnover days were 126 days, higher than the 111 days in the third quarter of 2022 and 100 days in the fourth quarter of 2021.
MediaTek believes that the overall global economic environment in 2023 is still full of uncertainties, and will pay attention to the degree of market recovery in the next few months to look forward to this year’s revenue. At the same time, MediaTek hopes to maintain a good gross profit margin and manage expenses carefully.