1.Date of occurrence of the event:2026/05/12
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:WPG Holdings Limited
6.Countermeasures:N/A
7.Any other matters that need to be specified (the information disclosure
also meets the requirements of Article 7, subparagraph 9 of the Securities
and Exchange Act Enforcement Rules, which brings forth a significant impact
on shareholders rights or the price of the securities on public companies.):
WPG revenue, operating income, net income, and EPS in the first quarter of
2026 all surpassing the upper end of its financial guidance. First-quarter
revenue reached NT$316.5 billion, up 23.9% quarter-over-quarter and 27.2%
year-over-year. Driven by steady shipment growth and continued optimization
of the product mix, operating income reached NT$8.471 billion, up 56%
quarter-over-quarter and 97.7% year-over-year. The operating margin improved
to 2.68%. Supported by expanding core business momentum, quarterly net income
exceeded NT$5 billion for the first time, reaching NT$5.549 billion, up 95.2%
quarter-over-quarter and 192.3% year-over-year. Net margin rose to 1.75%, and
EPS was NT$3.3.
Return on equity (ROE) and return on working capital (ROWC) for Q1 reached
25.7% and 15.2%.
These strong results were primarily driven by the continued evolution of the
AI boom, which has significantly increased demand for AI infrastructure among
cloud service providers and enterprise customers. This, in turn, boosted
demand for AI servers, general-purpose servers, high-performance storage,
high-speed interconnects, memory, power management, and networking
components.
For 2026 Second quarter, market demand is expected to remain strong. Based on
an exchange rate assumption of NT$31.6 to the U.S. dollar, WPG forecasts
revenue of NT$345 billion to NT$365 billion, gross margin of 4.25% to 4.45%,
operating margin of 2.51% to 2.64%, net income of NT$6.147 billion to
NT$6.824 billion, EPS of NT$3.65 to NT$4.06.
WPG Holdings will provide a detailed explanation of its Q1 2026 results and
Q2 2026 outlook in its investor conference on May 19, 2026.