Announces WPG consolidated financial results for the fourth quarter of 2018 and forecast for the first quater of 2019
2019-01-29
1.Date of occurrence of the event:2019/01/29
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.Cause of occurrence:N/A
6.Countermeasures:N/A
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, with optimizing product portfolios and efficient
expense control, WPG, the distributor of semiconductor components in Asia
announces its consolidated sales, operating income and net income of 2018
reached NT$545.124 billion, NT$10.568 billion and NT$7.432 billion,
represented 2.4%, 6.2% and 1.7% growth year over year respectively. EPS was
NT$4.21 per share.
With increased profit and improving operating efficiency, 2018 key financial
indices: Return on Working Capital (ROWC) and ROE was 9.6% and 14%
respectively.
Based on the exchange rate assumption of 1 US dollar to 30.6 NT dollars,
management guides the total sales of first quarter 2019 will be between
NT$117 billion and NT$123 billion, with the gross margin in the range of
4.1%~4.3% and the operating margin between 1.65%~1.85%.