|
|
 |
|
|
-
Printable Version
-
-
CHARTERED SEMICONDUCTOR ANNOUNCES PRELIMINARY
FIRST QUARTER 2000 RESULTS
-
- SINGAPORE
-- April 6, 2000 -- Chartered Semiconductor Manufacturing
Ltd. (Nasdaq: CHRT and SGX-ST: CHARTERED) today announced
preliminary results for the first quarter ended March
31, 2000, subject to final review and confirmation.
-
- Preliminary
results for first quarter ended March 31, 2000 and comparison
to first quarter ended March 31, 1999 are as follows:
-
| |
Three
months ended (unaudited)
|
| |
March
31, 1999
|
|
March
31, 2000
|
|
US
Dollars
|
(in
millions, except per share data)
|
| |
|
|
|
|
Net
revenue...................................................
|
$130.8
|
|
$238.4
|
|
Gross
profit....................................................
|
12.7
|
|
84.1
|
|
Operating
income (loss) ...............................
|
(27.9)
|
|
29.2
|
|
Net
income (loss) .........................................
|
(34.9)
|
|
37.8
|
|
Diluted
net income (loss) per ADS: .............
|
$(0.35)
|
|
$0.29
|
|
Diluted
net income (loss) per ordinary share ........................................................................
|
$(0.04)
|
|
$0.03
|
-
- About
Chartered
- Chartered
Semiconductor Manufacturing Ltd. (Nasdaq: CHRT and SGX-ST:
CHARTERED) is one of the world's leading independent
foundries providing wafer fabrication services. Guided
by the tenets of trust, service, partnership, advanced
technology and stability, the Company aims to provide
world-class semiconductor foundry services that enable
customers to create and deliver market-leading system-level
solutions. Chartered operates five fabrication facilities
that serve high-growth, technologically advanced applications
such as communications and networking. Headquartered
in Singapore, Chartered employs approximately 3400 people
at its 11 locations in North America, Asia and Europe
-
- Chartered
completed its global initial public offering in October
1999 and is traded in the United States on Nasdaq and
in Singapore on the Singapore Exchange Securities Trading
Limited (SGX-ST).
-
Safe Harbor Statement under the Provisions of the United
States Private Securities Litigation Reform Act of 1995
- This
news release contains forward-looking statements, as
defined in the safe harbor provisions of the United
States Private Securities Litigation Reform Act of 1995.
These forward-looking statements relate to the Company's
preliminary results for the first quarter ending March
31, 2000 and reflect the Company's current views with
respect to these results, and are subject to certain
risks and uncertainties, which could cause actual results
to differ materially from those anticipated. For example,
upon final review and confirmation, the Company's preliminary
results for the first quarter ended March 31, 2000 could
be revised. Although the Company believes the expectations
reflected in such forward-looking statements are based
upon reasonable assumptions, it can give no assurance
that its expectations will be attained. A description
of certain of the risks and uncertainties which could
cause actual results to differ materially from those
indicated in the forward-looking statements can be found
in the section captioned "Risk Factors" in the Company's
Annual Report on Form 20-F filed with the U.S. Securities
and exchange Commission. The Company undertakes no obligation
to publicly update or revise any forward-looking statements,
whether as a result of new information, future events
or otherwise.
-
-
|
|
|
|
