Announces WPG consolidated financial results for the fourth quarter of 2024 and forecast for the first quater of 2025
2025-02-28
1.Date of occurrence of the event:2025/02/28
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 announces 2024 Fourth Quarter revenue of NT$231.67 billion,
operating income was NT$3.869 billion, +26.5% and 28% YoY, respectively.
Net income was NT$1.622 billion, with EPS of NT$0.96. 2024 revenue of
NT$880.552 billion, operating income was NT$14.701 billion, +31.1% and
41.4% YoY, respectively. Full-Year net income was NT$7.245 billion, with
EPS of NT$4.07.
2024 Fourth Quarter key financial indicators Return on Equity (ROE) was
7.8%, Return on Working Capital (ROWC) was 8.4%.
The above revenue growth benefited from the rapid development of
generative AI, the demand for related traditional and AI servers, power
supplies, PCs, notebooks, Android phones, and other electronic
components has increased, resulting in strong shipments.
For 2025 First quarter, based on an exchange rate assumption of NT$32.8
to the U.S. dollar, WPG forecasts consolidated revenue of NT$200 billion
to NT$210 billion, gross margin of 3.6% to 3.8%, operating margin of
1.7 % to 1.9%, net income of NT$1.541 billion to NT$1.634 billion, EPS
of NT$0.92 to NT$0.97.