WPG (TSE:3702) Reports February 2010 Consolidated Sales of NT$14.96 Billion (US$ 466.22 Million), +16% YoY
2010-03-11
WPG (TSE:3702) Reports February 2010 Consolidated Sales of NT$14.96 Billion (US$ 466.22 Million), +16% YoY
2010 Revenue Reaches NT$35.2 Billion (US$1,012.19 Million), +64% YoY
Date: 2010/3/11
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported February 2010 consolidated sales of NT$14.96 billion (US$466.22 million), represented an increase of 16% over previous year. The 2010 sales reached NT$35.2.9 billion (US$1,012.19 million), a 64% increase in comparison with 2009.
“The monthly sales were mainly affected by fewer working days,” said Cliff Yuan, vice president of corporate finance and accounting. “The Chinese New Year sales were better than expected, driven by the strong demand on 3C products, including mobile phone, notebook and consumer electronics such as TV and Digital Camera. The inventory levels of the supply chain remain healthy, and we are optimistic and confident of the business conditions.”
The market share of WPG has extended consecutively, the sales breakdowns by regions are 79% from China (incl. HK), 13% from Taiwan, 6% from ASEAN and 2% 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
2010 Revenue Reaches NT$35.2 Billion (US$1,012.19 Million), +64% YoY
Date: 2010/3/11
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported February 2010 consolidated sales of NT$14.96 billion (US$466.22 million), represented an increase of 16% over previous year. The 2010 sales reached NT$35.2.9 billion (US$1,012.19 million), a 64% increase in comparison with 2009.
“The monthly sales were mainly affected by fewer working days,” said Cliff Yuan, vice president of corporate finance and accounting. “The Chinese New Year sales were better than expected, driven by the strong demand on 3C products, including mobile phone, notebook and consumer electronics such as TV and Digital Camera. The inventory levels of the supply chain remain healthy, and we are optimistic and confident of the business conditions.”
The market share of WPG has extended consecutively, the sales breakdowns by regions are 79% from China (incl. HK), 13% from Taiwan, 6% from ASEAN and 2% 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