Taiwan Semiconductor Manufacturing Company Ltd said its third-quarter normalized net income came to NT$1.97 per share, compared with the S&P Capital IQ consensus estimate of NT$2.86 per share.
EPS declined year over year from NT$2.06.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was NT$51.01 billion, a decrease from NT$53.39 billion in the prior-year period.
The normalized profit margin fell to 24.0% from 25.5% in the year-earlier period.
Total revenue rose on an annual basis to NT$212.50 billion from NT$209.05 billion, and total operating expenses grew 6.1% on an annual basis to NT$132.20 billion from NT$124.62 billion.
Reported net income declined on an annual basis to NT$75.33 billion, or NT$2.91 per share, from NT$76.23 billion, or NT$2.94 per share.
As of Nov. 11, US$1 was equivalent to NT$32.72.
