1.Date of occurrence of the event:2017/02/07
2.Company name::WPG Holdings Limited
3.Relationship to the Company (please enter ¡¨head office¡¨ or
¡¨subsidiaries¡¨):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:NA
6.Countermeasures:NA
7.Any other matters that need to be specified:
Benefited from growing shipments of mobile phone, automotives, power saving
and Amercia region cloud product, WPG, the distributor of semiconductor
components in Asia, announced Its consolidated sales of NT$536.864 billion,
operating income of NT$7.969 billion, net income of NT$5.347 billion and EPS
of NT$3.2 for 2016.
In fourth-quarter, consolidated sales was NT$139.313 billion, a 2.1%
decrease year over year. After recognizing overdue debts for the fourth
quarter in accordance with accounting conservatism principle, operating
income and net income was NT$0.92 billion and NT$0.372 billion respectively
, EPS was NT$0.22. Due to all overdue debts was recognized in 2016,
performance for 2017 shall become normal.
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,
operating cash inflow of 2016 was NT$7.5 billion. Key financial indices:
Return on Working Capital (ROWC) and ROE was 8.4% and 10.9% respectively.