New record sales for Dutch chip equipment producer ASML
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E-mail Xinhua, January 24, 2019
The Dutch chip maker ASML saw record net sales of 10.94 billion euros (12.43 billion U.S. dollars) over the full year 2018, the company from Veldhoven, the Netherlands, announced on Wednesday.
With the new number, ASML beat the previous year's record net sales of 8.96 billion euros. The figure was the result of the adjustment to a new calculation method adopted in 2018. The full year net income rose from 2.067 billion euros in 2017 to 2.592 billion euros in 2018.
"Our fourth-quarter sales came in above expectations to wrap up a record 2018 in terms of sales and profitability," said CEO Peter Wennink in a press release. The company achieved sales of 3.1 billion euros in the final quarter of 2018.
"Taken together, we reiterate that we see market demand that supports yet another sales growth year for ASML in 2019, with a significantly stronger second half versus the first half. In addition, we continue to see solid demand for shipments to China," said the CEO.
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