WPG attend investor conference held by KGI SECURITIES on November 4th, 2016
1.Date of occurrence of the event:2016/11/04
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 shipments of mobile phone, automotives, power
saving and cloud product, WPG, the distributor of semiconductor components,
announced Its consolidated sales was NT$142.259 billion, represented 6.4%
increase over previous quarter's figures. Under effective expense control,
operating expenses to sales ratio declined continuously to 2.37%, operating
income reached NT$2.555 billion, a 9.1% increase year over year, net income
reached NT$1.867 billion, represented 15.5% increase year over year. EPS was
NT$1.12 per share. YTD consolidated sales was NT$397.551 billion, net income
was NT$4.975 billion, represented 19.2% increase year over year. EPS was
NT$2.99 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 11.1%
and 15.8% respectively. Inventory turnover days of decreased to 35 days.