Record High! WPG (TSE:3702) Reports June 2009 Consolidated Sales of NT$16.77 Billion (US$510.69 Million), +53% YoY
2009-07-09
Record High! WPG (TSE:3702) Reports June 2009 Consolidated Sales of NT$16.77 Billion (US$510.69 Million), +53% YoY
The Second Quarter 2009 Earnings Exceed Expectations, Reaching NT$47.3 Billion (US$1,425.07 Million), +36% YoY
Date: 2009/07/09
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported June 2009 consolidated sales of NT$16.77 billion (US$510.69 Million), with 18% month over month and 53% year over year growth. The second quarter 2009 earnings reached NT$47.3 billion (US$1,425.07 Million), represented an increase of 28% in comparison with the first quarter, and 36% year over year, which reflected WPG’s better than expected contribution from the recent acquisitions and sales prospect with margin expansion from emerging markets.
The demand of Asian semiconductor market has been outgrowing the rest of the world, specifically China, driven by its low penetration rates in 3C market and booming property market, WPG has been doing well on handset, data card, notebook/netbook, LCD TV and STB, moreover, benefiting from substantial business contribution delivered by AIT and Pernas, not only the second quarter 2009 earnings of WPG exceeded expectations, its monthly sales in June 2009 hit record high again.
The market share of WPG has extended consecutively, the sales breakdowns by regions are 68% from China (incl. HK), 23% from Taiwan, 6% from ASEAN and 3% from others.
IR contacts：Cliff Yuan / Kathryn Chen
Tel：886-2-27068268 ext.5268 / ext.5278
Email：ir@WPGholdings.com
Corporate website: www.WPGholdings.com
The Second Quarter 2009 Earnings Exceed Expectations, Reaching NT$47.3 Billion (US$1,425.07 Million), +36% YoY
Date: 2009/07/09
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported June 2009 consolidated sales of NT$16.77 billion (US$510.69 Million), with 18% month over month and 53% year over year growth. The second quarter 2009 earnings reached NT$47.3 billion (US$1,425.07 Million), represented an increase of 28% in comparison with the first quarter, and 36% year over year, which reflected WPG’s better than expected contribution from the recent acquisitions and sales prospect with margin expansion from emerging markets.
The demand of Asian semiconductor market has been outgrowing the rest of the world, specifically China, driven by its low penetration rates in 3C market and booming property market, WPG has been doing well on handset, data card, notebook/netbook, LCD TV and STB, moreover, benefiting from substantial business contribution delivered by AIT and Pernas, not only the second quarter 2009 earnings of WPG exceeded expectations, its monthly sales in June 2009 hit record high again.
The market share of WPG has extended consecutively, the sales breakdowns by regions are 68% from China (incl. HK), 23% from Taiwan, 6% from ASEAN and 3% from others.
IR contacts：Cliff Yuan / Kathryn Chen
Tel：886-2-27068268 ext.5268 / ext.5278
Email：ir@WPGholdings.com
Corporate website: www.WPGholdings.com