1.Date of occurrence of the event:2017/08/01
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 business of mobile phone, automotives, power saving
and cloud services related products, WPG, the distributor of semiconductor
components in Asia, announced its second quarter consolidated sales of
NT$128.408 billion, represented 7.9% increase over previous quarter’s
figures. With optimizing product portfolios and efficient expense control,
operating income was NT$2.342 billion, represented 3.6% increase over
previous year. Contribution from FX gains about NT$0.11 billion and bad
debts recovered about NT$0.083 billion, net income grew 15.3% to NT$1.791
billion. EPS was NT$1.02 per share.
Despite the impact of NT dollar’s recent appreciation, net income reached
NT$3.637 billion, represented 17% increase year over year, while
consolidated sales totaled NT$247.382 billion, represented 3.1% decrease
year over year. EPS was NT$2.09 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 second quarter was NT$1.926 billion. Key financial
indices: Return on Working Capital (ROWC) and ROE was 9.7% and 14.6%
respectively.