1.Date of occurrence of the event:2015/05/05
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 growing shipments of mobile phone, communication-related
components, automotives, industrial electronics, and cloud applications, WPG,
the distributor of semiconductor components, announced Its first-quarter
consolidated sales reached NT$108.14 billion. Under productivity improvement
and effective expense control, operating expenses to sales ratio declined
continuously and operating margin reached 1.85%, exceeded expectations.
First-quarter operating income was NT$2 billion. Net income of first quarter
was NT$1.398 billion. EPS was NT$0.84 per share.
The profit growth has been delivered by continued growing demand of 3G and 4G
mid to high-end and low-end smart phone, tablet, wireless broadband, cloud
servers and televisions. Non-3C segments' contribution such as automotives
and industrial electronics remained healthy. With increased profit and
improving operating efficiency, operating cash inflow of first quarter was
NT$5.947 billion. Key financial indices: Return on Working Capital (ROWC)
and ROE was 9.7% and 12.3% respectively.
Management guides the total sales of second quarter 2015 will be between
NT$117 billion and NT$122 billion, with the gross margin in the range of 4.2%
~4.5% and the operating margin between 1.6%~1.8%.