Record High! WPG (3702 TT) Reports March 2010 Consolidated Sales of NT$22.7 Billion, +46% YoY
2010-04-13
Record High! WPG (3702 TT) Reports March 2010 Consolidated Sales of NT$22.7 Billion, +46% YoY
The First Quarter 2010 Earnings Exceed Expectations, Reaching NT$58 Billion, +57% YoY
Date: 2010/4/13
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported March 2010 consolidated sales of NT$22.7 billion, represented an increase of 46% over previous year. The 2010 sales reached NT$58 billion, a 57% increase in comparison with 2009, the first quarter’s business posted a better-than-expected increase, and the monthly sales in March 2010 hit record high.
“In emerging markets among Asia Pacific region, performance came in above expectations, with particularly strong growth from China domestic market driven by its national urbanization policy and the increasing purchasing power of the post-80 generation,” said Cliff Yuan, vice president of corporate finance and accounting. “Since the penetration rates of China’s 4C market are still low, with the government’s subsidies, that fuels enormous demand for mobile phone, TV, Netbook, DSC, consumer electronics and also the LED, PEMCO sales in car electronics business. The seasonal sales momentum looked good and the inventory levels of the supply chain remain healthy, that 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
The First Quarter 2010 Earnings Exceed Expectations, Reaching NT$58 Billion, +57% YoY
Date: 2010/4/13
Taipei, Taiwan
WPG, the largest distributor of semiconductor components in Asia, reported March 2010 consolidated sales of NT$22.7 billion, represented an increase of 46% over previous year. The 2010 sales reached NT$58 billion, a 57% increase in comparison with 2009, the first quarter’s business posted a better-than-expected increase, and the monthly sales in March 2010 hit record high.
“In emerging markets among Asia Pacific region, performance came in above expectations, with particularly strong growth from China domestic market driven by its national urbanization policy and the increasing purchasing power of the post-80 generation,” said Cliff Yuan, vice president of corporate finance and accounting. “Since the penetration rates of China’s 4C market are still low, with the government’s subsidies, that fuels enormous demand for mobile phone, TV, Netbook, DSC, consumer electronics and also the LED, PEMCO sales in car electronics business. The seasonal sales momentum looked good and the inventory levels of the supply chain remain healthy, that 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