WPG attend investor conference held by KGI SECURITIES on
November 7th, 2017
1.Date of occurrence of the event:2017/11/07
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.Cause of occurrence:NA
6.Countermeasures:NA
7.Any other matters that need to be specified:
Benefited from growing shipments of mobile phone, automotives and cloud
product, WPG, the distributor of semiconductor components in Asia, announced
Its consolidated sales was NT$146.667 billion, with optimizing product
portfolios and efficient expense control, operating expenses to sales ratio
declined to 2.33%, operating income reached NT$2.73 billion, represented
16.6% and 6.8% increase over previous quarter and year respectively. Net
income of third quarter reached NT$2.026 billion, represented 8.5% increase
year over year, EPS was NT$1.11 per share.
Despite the impact of NT dollar's recent appreciation, Ytd consolidated sales
totaled NT$394.049 billion, represented 0.9% decrease year over year, while
operating income was NT$7.333 billion, represented 4% increase year over
year, net income reached NT$5.663 billion, represented 13.8% double-digit
growth year over year. EPS was NT$3.2 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,
key financial indices: Return on Working Capital (ROWC) and ROE was 11.1%
and 16.1% respectively. Inventory turnover days and average collection
periods days decreased to 39 days and 61 days respectively.