WPG attend investor conference held by KGI SECURITIES on
Nov. 2nd, 2018
1.Date of occurrence of the event:2018/11/02
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:
Contributed from steady growth in core products such as 3C and automotives,
and benefited from successful deployment in new applications such as
Internet of Things(IoT), Artificial Intelligence(AI), cloud storage and
high-performance computing, also benefited from double-digit growth in
monthly revenue of North America, WPG, the distributor of semiconductor
components in Asia announces its third quarter consolidated sales of
NT$150.36 billion and exceed forecast. With optimizing product portfolios
and efficient expense control, operating expenses to sales ratio was 2.37%,
driving operating income of NT$2.926 billion, net income was NT$1.769
billion with NT$1.02 EPS. YTD consolidated sales and net income reaches
NT$413.307 billion and NT$5.863 billion respectively. YTD EPS was NT$3.27.
Based on the exchange rate assumption of 1 US dollar to 31 NT dollars,
management guides the total sales of fourth quarter 2018 will be between
NT$132 billion and NT$138 billion, with the gross margin in the range of
4.1%~4.3% and the operating margin between 1.80%~1.95%.
The profit growth has been delivered by continued growing demand of smart
phone, computer, wireless broadband, cloud servers, Internet of Things(IoT)
and Artificial Intelligence(AI). 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 10.3% and 13.6% respectively.