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Income Statement · Annual · Millions · TWD

Line item	FY2015	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024
Total revenues	231,795	229,991	227,514	215,483	207,520	207,609	210,478	216,739	223,199	229,968
Cost of revenue	148,126	147,552	146,837	139,545	135,953	137,029	135,111	136,717	141,767	146,583
Gross profit	83,669	82,439	80,677	75,938	71,567	70,580	75,367	80,022	81,432	83,385
Research and development	3,617	3,785	3,886	3,725	3,941	3,850	3,688	3,774	3,892	4,167
Selling, general and administrative	4,515	4,537	4,626	4,589	4,758	5,006	5,293	6,580	6,801	7,175
Total operating expenses	33,203	33,838	33,869	32,404	30,794	29,814	30,068	33,290	34,444	36,634
Operating income	50,361	48,105	46,703	43,644	40,646	42,361	44,930	46,825	46,353	46,873
Interest expense	33	20	22	18	104	206	218	263	319	339
Income before taxes	51,953	49,413	48,009	44,986	41,867	42,826	46,067	47,204	47,008	47,841
Income tax expense	9,101	7,787	7,849	6,405	7,946	8,122	9,020	9,335	8,947	9,333
Net income from continuing operations	42,852	41,626	40,160	38,581	33,921	34,704	37,047	37,869	38,061	38,508
Net income	42,039	40,485	38,988	37,557	32,947	33,419	35,616	36,358	36,958	37,189