1.Date of occurrence of the event:2017/05/03
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 first quarter consolidated sales of
NT$1.191 billion decreased 2% year-over-year. Despite NT dollar's recent
appreciation had impact on first quarter consolidated sales, with optimizing
product assortment and under effective expense control, operating income was
NT$2.258 billion, represented 7.7% increase over previous year. Contribution
from FX gains about NT$0.11 billion and bad debts recovered about NT$0.17
billion, net income grew 18.5% to NT$1.842 billion. EPS was NT$1.06 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,
operating cash inflow of first quarter was NT$3.338 billion. Key financial
indices: Return on Working Capital (ROWC) and ROE was 9.6% and 15%
respectively.