1.Date of occurrence of the event:2022/11/08
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
Third Quarter consolidated sales and operating income achieved NT$189.823
billion and NT$3.558 billion respectively. Contributing from investment
income and foreign exchange income, net income of NT$2.762 billion with EPS
NT$1.64 exceeding high range forecast. YTD consolidated sales, operating
income and net income achieved NT$598.744 billion, +3.4% YoY, NT$11.554
billion, +9.7% YoY and NT$9.103 billion, +3.5% YoY, respectively. EPS was
NT$5.18
Benefited from profit growth, 2022 third quarter key financial indicators
Return on Equity (ROE) was 14.3%, Return on Working Capital (ROWC) was 7.9%.
The reasons for the above revenue and net income growth is the downstream
customers continuously invest in networking and peripheral equipment and
server, growing demand for automation drives industrial electronics, and
automotive electronics related non-3C applications remains strong. In
addition, driven by North America and Southeast Asia customers have put
into production, which has led to double-digit revenue growth in the regions.
The reasons also drive the demand for semiconductor and related electronic
components.
For 2022 Fourth Quarter, based on an exchange rate assumption of NT$32 to
the U.S. dollar, WPG forecasts consolidated revenue of NT$175 billion to
NT$185 billion, gross margin of 3.7% to 3.9%, operating margin of 1.7% to
1.9%, net income of NT$1.312 billion to NT$1.746 billion, EPS of NT$0.78 to
NT$1.04.