1.Date of occurrence of the event:2020/08/13
2.Company name:WPG Holdings Limited
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:Announces WPG consolidated financial results for
2020 First Half
6.Countermeasures:N/A
7.Any other matters that need to be specified:
WPG, the distributor of semiconductor components, announces Second Quarter
consolidated sales and net income after tax continuously achieving
double-digit growth. Second Quarter consolidated sales reached NT$149.811
billion, +14.3% QoQ, +16% YoY. Second Quarter net income after tax reached
NT$2.12 billion, +27.8% QoQ, +30.2% YoY. Second Quarter EPS was NT$1.19.
2020 First Half consolidated sales was NT$280.855 billion, +16.5% YoY.
Net income after tax reached NT$3.779 billion, +28.8% YoY. 2020 First Half
EPS was NT$2.18.
The rising demand for semiconductor sensors due to digital technology
development, accelerated deployment and increased penetration of 5G
infrastructures, corporates’ continuous investment in hardware/software
to utilize technology and expand distance business applications in order
to increase productivity and remain competitive, as well as personal
users' increasing demand in mobile phones and communication components
are the major causes of WPG’s continuous double-digit growth in sales
and net income. Our customers’ increasing demand in the supply chain
management related added-value services provided by large-scale
distributors, including e-commerce, smart warehouse, and logistics, also
contributes to the growth of sales and net income.
2020 Second Quarter key financial indicators: Return on Working Capital
(ROWC) and Return on Equity (ROE) were 8.5% and 13.5% respectively.