Announces WPG consolidated financial results for the third quarter of 2026 and forecast for the fourth quarter of 2026
2026-11-10
1.Date of occurrence of the event:2026/11/10
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 (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 Third-quarter revenue reached NT$509.996 billion, up 11.8%
quarter-over-quarter and 108.6% year-over-year, with gross margin of 4.42%.
Driven by continued revenue growth and effective expense control, which
reduced operating expenses by 2.1% quarter-over-quarter, operating profit
reached NT$14.496 billion, up 21.3% quarter-over-quarter and 171%
year-over-year, with operating margin improving to 2.84%. Quarterly net
income surpassed NT$10 billion for the first time, reaching NT$10.39
billion, up 20.5% quarter-over-quarter and 226.9% year-over-year, with EPS
of NT$5.96. For the first nine months of 2026, cumulative revenue,
operating income and net income all exceeded full-year 2025 levels:
revenue reached NT$1,282.7 billion, up 72.5% year-over-year; operating
income reached NT$34.921 billion, up 140.2% year-over-year; and net income
reached NT$24.559 billion, up 238.2% year-over-year, with EPS of NT$14.42.
Third-quarter return on equity (ROE) and return on working capital (ROWC)
were 43.4% and 17.6%, respectively.
The strong performance was primarily driven by robust demand across power
management, servers, networking equipment, energy storage systems and
high-density connectivity components. Demand for automotive electronics
and industrial control applications also continued to progress steadily.
Meanwhile, demand for high-value-added services, including smart warehouse
management and information system integration, expanded in parallel. The
simultaneous advancement of diverse end-market applications and software
and hardware services across markets has created broad-based structural
growth momentum.
For the fourth quarter of 2026, based on an exchange rate assumption of
NT$32.5 to the U.S. dollar, WPG forecasts revenue of NT$480 billion to
NT$530 billion, gross margin of 4.35% to 4.55%, operating margin of 3.04%
to 3.12%, net income of NT$8.976 billion to NT$10.168 billion, and EPS of
NT$5.13 to NT$5.81.