WPG attend investor conference held by KGI SECURITIES on May. 3rd, 2019
1.Date of occurrence of the event:2019/05/03
2.Company name:WPG Holdings Limited
3.Relationship to the Company (please enter ”head office” or
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:NA
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, WPG, the distributor of semiconductor components
in Asia announces its first quarter consolidated sales of NT$111.832 billion
affected by low season and supply chain inventory adjustments. With
optimizing product portfolios and efficient expense control, operating income
was NT$2.028 billion, net income of NT$1.304 billion reached high side of
forecast. EPS was NT$0.78 per share.
2019 key financial indices: Return on Working Capital (ROWC) and ROE was 8.2%
and 9.5% respectively.
Based on the exchange rate assumption of 1 US dollar to 30.8 NT dollars,
management guides the total sales of second quarter 2019 will be between
NT$125 billion and NT$133 billion, with the gross margin in the range of
4.2%~4.4% and the operating margin between 1.75%~1.95%.