WPG held online investor conference on Feb. 6th, 2018
2018-02-06
1.Date of occurrence of the event:2018/02/06
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, computer, automotives and
cloud product, WPG, the distributor of semiconductor components in Asia,
announced, despite the impact of NT dollar’s recent appreciation, Its ytd
consolidated sales totaled NT$532.462 billion. With optimizing product
portfolios and efficient expense control, operating margin grew to 1.87%.
Operating income and net income reached NT$9.95 billion and NT$7.299 billion,
represented 24.7% and 37.4% double-digit growth year over year respectively,
operating cash inflow was NT$8.1 billion. EPS was NT$4.09 per share.
Consolidated sales of fourth quarter was NT$138.413 billion, operating
income was NT$2.617 billion, net income was NT$1.636 billion. EPS was NT$0.9
per share.
Based on the exchange rate assumption of 1 US dollar to 29 NT dollars,
management guides the total sales of first quarter 2018 will be between
NT$108 billion and NT$120 billion, with the gross margin in the range of
4.1%~4.3% and the operating margin between 1.74%~1.85%.
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 10% and
14.4% respectively.