1.Date of occurrence of the event:2021/05/13
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:
WPG, the distributor of semiconductor components, announces 2021 First
Quarter Consolidated sales achieved NT$177.115 billion, +35.2% YoY. Operating
income achieved NT$2.986 billion, +36.3% YoY. Net Income achieved NT$2.419
billion, +45.8% YoY. EPS was NT$1.44.
2021 First Quarter key financial indicators Return on Working Capital (ROWC)
and Return on Equity (ROE) were 9.5% and 14.5%, respectively.
The overall strong demand for semiconductor sensors, specifically laptops,
PCs, mobile phones, communication components, servers, and cloud due to
distance working and education as well as corporates’ continuous investment
in digital transformation, are the major causes for the growth of sales and
net income.
For 2021 Second Quarter, based on an exchange rate assumption of NT$28.4 to
the U.S. dollar, WPG forecasts consolidated revenue of NT$185 billion to
NT$193 billion, gross margin of 3.6% to 3.8%, operating margin of 1.6% to
1.8%, net income of NT$2.347 billion to NT$2.743 billion, EPS of NT$1.16 to
NT$1.4 after deducting NT$400 million preferred dividends.