1.Date of occurrence of the event:2016/05/04
2.Company name:WPG Holdings Limited
3.Relationship to the Company (please enter ”head office” or
”subsidiaries”):head office
4.Reciprocal shareholding ratios:NA
5.Name of the reporting media:NA
6.Content of the report:NA
7.Cause of occurrence:NA
8.Countermeasures:NA
9.Any other matters that need to be specified:
Benefited from growing shipments of mobile phone, communication-related
components, automotives, power saving and cloud product, WPG, the distributor
of semiconductor components in Asia, announced Its first quarter consolidated
sales reached NT$121.533 billion, a 12.5% increase year over year. Under
effective expense control, operating expenses to sales ratio declined
continuously to 2.53%, operating income reached NT$2.095 billion, net income
was NT$1.555 billion, represented 24.9% and 11.3% increase over previous
quarter's and previous year's figures respectively. EPS was NT$0.94 per
share.
The profit growth has been delivered by continued growing demand of 4G and 3G
smart phone, wireless broadband, and cloud servers. Non-3C segments'
contribution such as automotives, industrial electronics and power saving
remained healthy. With increased profit and improving operating efficiency,
operating cash inflow of first quarter was NT$13.977 billion. Key financial
indices: Return on Working Capital (ROWC) and ROE was 9.6% and 13%
respectively.