UMC Reports 6.71% Revenue Growth in November

Author's Avatar
Dec 05, 2024
Article's Main Image

United Microelectronics Corporation (UMC, Financial) announced its November revenue reached 20.05 billion New Taiwan dollars, marking a 6.71% increase compared to the same period last year. Year-to-date, UMC's revenue has grown by 3.79%, totaling 213.34 billion New Taiwan dollars. Despite the revenue growth, the company's stock has faced a decline, with a cumulative drop of 20.5% this year.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.