Revenue at Nanya Technology came to NT$133.6B (roughly $4.2B) in the third quarter, 61.9 percent above the prior period, as DRAM average selling prices jumped by more than 60 percent.
Gross margin widened 6.2 percentage points from the second quarter to reach 85.7 percent. Net profit landed at NT$87.6B, equal to NT$25.40 a share. Over the first nine months, net profit came to NT$163.9B, or NT$49.28 a share.
President Li Pei-ying credited the margin gain to long-term supply contracts running out at the close of June and fresh pricing taking hold in July, speaking at an investor conference.
Shipped volume in fact declined 4 to 6 percent as stockpiles ran down. Price did nearly all the work, a sharp picture of just how strangled memory supply has become.
Li forecasts another step up in both prices and margin during the December quarter, pointing to steep shortages that show little sign of letting up.
Capacity is expanding as well. A new 5A fab is aimed at 50,000 wafers a month by 2030.
Among the major DRAM producers Nanya occupies an unusual spot, leaning on consumer and specialty memory instead of the HBM stacks that grab the attention, yet riding the very same pricing surge as server orders soak up output.
Because long-term agreements have now been repriced to market levels, the company heads into the fourth quarter carrying less of the old pricing that held its earlier numbers down.
