Semiconductor Distributor - WPG (TSE:3702) Announces EPS of NT$ 3.01 per share for the month ended October 31, 2007, an 82% Y/Y increase
2007-11-26
Semiconductor Distributor - WPG (TSE:3702) Announces EPS of NT$ 3.01 per share for the month ended October 31, 2007, an 82% Y/Y increase
Announcement Date：2007/11/26
Taipei, Taiwan
With NB, network, and handset-related products still benefiting from the hot season combined with customer requests for deliveries in advance of the long vacation in mainland China in October, WPG Holdings continues its strong performance. WPG, (the largest distributor of semiconductor components in Asia,) announces October 07 consolidated sales of NT$13.88 billion, and YTD 07 consolidated sales of NT$118.39 billion, representing a 21% YoY increase. Diluted EPS achieved NT$3.01 versus NT$1.65 on YoY basis. Consolidated management financial performance includes Profit after tax of NT$2,153 million (approximately US$65.37 million). Inventory turnover days dropped to 38 days, an historical record low.
WPG, with over 100 semiconductor component product lines, in excess of 1200 marketing, design-in and business service employees working from 33 business service centers, continues in the leading position in the Asia-Pacific marketplace. Sales growth is mainly driven by the Asia Pacific and China emerging domestic markets. Year-to-date sales breakdown by region was as follows: 67% from China (incl. HK), 23% from Taiwan, 10% from ASEAN.
IR contacts：Cliff Yuan/ Cynthia Lee
Telephone: 886-2-7712-5268 or 886-2-7712-5258
Email address: ir@WPGholdings.com
Corporate website: www.WPGholdings.com
Announcement Date：2007/11/26
Taipei, Taiwan
With NB, network, and handset-related products still benefiting from the hot season combined with customer requests for deliveries in advance of the long vacation in mainland China in October, WPG Holdings continues its strong performance. WPG, (the largest distributor of semiconductor components in Asia,) announces October 07 consolidated sales of NT$13.88 billion, and YTD 07 consolidated sales of NT$118.39 billion, representing a 21% YoY increase. Diluted EPS achieved NT$3.01 versus NT$1.65 on YoY basis. Consolidated management financial performance includes Profit after tax of NT$2,153 million (approximately US$65.37 million). Inventory turnover days dropped to 38 days, an historical record low.
WPG, with over 100 semiconductor component product lines, in excess of 1200 marketing, design-in and business service employees working from 33 business service centers, continues in the leading position in the Asia-Pacific marketplace. Sales growth is mainly driven by the Asia Pacific and China emerging domestic markets. Year-to-date sales breakdown by region was as follows: 67% from China (incl. HK), 23% from Taiwan, 10% from ASEAN.
IR contacts：Cliff Yuan/ Cynthia Lee
Telephone: 886-2-7712-5268 or 886-2-7712-5258
Email address: ir@WPGholdings.com
Corporate website: www.WPGholdings.com