WPG attend investor conference held by KGI SECURITIES on Aug 2nd, 2016
1.Date of occurrence of the event:2016/08/02
2.Company name:WPG Holdings Limited
3.Relationship to the Company (please enter ”head office” or
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:NA
7.Any other matters that need to be specified:
Benefited from growing market share and increased demand for mobile phone in
mainland China and growing shipments of automotives, power saving and cloud
product, WPG, the distributor of semiconductor components in Asia, announced
Its second quarter consolidated sales reached NT$133.759 billion, represented
10.1% increase over previous quarter's figures. Under effective expense
control, operating expenses to sales ratio declined continuously to 2.48%,
operating income reached NT$2.398 billion, a 15.4% increase year over year,
profit before tax reached NT$2.031 billion, net income was NT$1.553 billion,
represented 33.8% increase year over year. EPS was NT$0.94 per share.
Consolidated sales for the first half of 2016 totaled NT$255.292 billion, net
income was NT$3.108 billion, represented 21.5% increase year over year. EPS
was NT$1.88 per share.
The profit growth has been delivered by continued growing demand of 4G and 3G
smart phone, wireless broadband, and cloud servers. Non-3C segments'
contribution such as automotives, industrial electronics and power saving
remained healthy. With increased profit and improving operating efficiency,
key financial indices: Return on Working Capital (ROWC) and ROE was 10.6% and