Inotera Memories has reported consolidated revenues of NT$7.41 billion (US$246.78 million) for May, up 5.8% sequentially and 78.4% on year. For the first five months of 2014, revenues amounted to NT$34.64 billion, increasing 113.4% from a year earlier.

　　Inotera posted a gross margin of 57.1% for May compared to 54.06% recorded in the first quarter of 2014. Net profits for May reached NT$3.69 billion or NT$0.58 per share.

　　The net profit for May was lower than expected, affected by a loss of NT$353 million in foreign exchange transactions. Net profit margin dropped to 49.8% in May, down from 55.6% in the first quarter, the company said.