WPG attend investor conference held by
KGI SECURITIES on August 4th, 2015
1.Date of occurrence of the event:2015/08/04
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 in Asia, announced Its second
quarter consolidated sales of NT$124.466 billion. Quarterly Gross margin and
operating Margin was 4.32% and 1.67% respectively, in line with the
expectations. Net Income reached NT$1.161 billion and EPS was NT$0.70 per
share for the second quarter. YTD consolidated sales, net income was
NT$232.48 billion and NT$2.558 billion respectively. EPS was NT$1.55 per
share.
The profit growth has been delivered by continued growing demand of 4G and 3G
mid to high-end and low-end smart phone, tablet, wireless broadband, and
cloud servers. Non-3C segments' contribution such as automotives and
industrial electronics remained healthy. Key financial indices: Return on
Working Capital (ROWC) and ROE was 9.2% and 10.7% respectively. Average
collection periods days decreased to 64 days.
Management guides the total sales of third quarter 2015 will be between
NT$128 billion and NT$134 billion, with the gross margin in the range of
4.2%~4.5% and the operating margin between 1.6%~1.8%.