Announces WPG consolidated financial results for the first quarter and forecast for the second quater of 2022
2022-05-10
1.Date of occurrence of the event:2022/05/10
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:N/A
6.Countermeasures:N/A
7.Any other matters that need to be specified:
WPG, the distributor of semiconductor components globally, announces 2022
First Quarter consolidated sales achieved NT$209.865 billion, +18.5% YoY.
Operating income achieved NT$4.22 billion, +41.3% YoY. Net Income achieved
NT$3.444 billion, +42.4% YoY. EPS was NT$2.05.
Benefited from growth in revenue, 2022 First Quarter key financial indicators
Return on Equity (ROE) was 18.7%, and Return on Working Capital (ROWC) was
10.2%.
The overall strong demand for semiconductor and related electronic components
specifically laptops, PCs, base stations, communication components, servers
and cloud are the major causes for the growth of sales and net income.
For 2022 Second Quarter, based on an exchange rate assumption of NT$29 to the
U.S. dollar, WPG forecasts consolidated revenue of NT$190 billion to NT$200
billion, gross margin of 3.7% to 3.9%, operating margin of 1.7% to 1.9%, net
income of NT$2.303 billion to NT$2.725 billion, EPS of NT$1.13 to NT$1.38.