WPG attend investor conference of fourth quarter 2014 held by KGI SECURITIES on February 3rd,2015
2015-02-03
1.Date of occurrence of the event:2015/02/03 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.Name of the reporting media:N/A 6.Content of the report:N/A 7.Cause of occurrence:N/A 8.Countermeasures:N/A 9.Any other matters that need to be specified: Benefited from increased markets demand combined with growing shipments of communication-related components, automotives, industrial electronics, and cloud applications, WPG, the distributor of semiconductor components, announced 2014 Consolidated sales reached NT$452.567 billion. Under effective expense control, Operating income and net income increased 26.2% and 21.8% to NT$7.937 billion and NT$5.791 billion respectively. EPS was NT$3.5 per share, represented 22% increase over previous year's NT$2.87 per share. Consolidated sales of fourth quarter was NT$117.171 billion, Operating income was NT$1.776 billion, net income was NT$1.33 billion, represented 5.3%, 23.1% and 32.3% growth year over year. EPS was NT$0.80 per share, represented 32% increase over previous year’s NT$0.61 per share. The profit growth has been delivered by domestic demand of emerging markets. Contribution of 3C products such as mid to high-end smart phone, tablet, wireless broadband, cloud servers and televisions were continued growing. Non-3C segments' contribution such as automotives and industrial electronics remained healthy. With increased profit and improving operating efficiency, 2014 Key financial indices: Return on Working Capital (ROWC) and ROE was 9.0% and 13.6% respectively. Management guides the total sales of first quarter 2015 will be between NT$108 billion and NT$113 billion, with the gross margin in the range of 4.4%~4.7% and the operating margin between 1.6%~1.8%.