WPG predicts earnings slump - News Summed Up

WPG predicts earnings slump


Staff writerSemiconductor components distributor WPG Holdings Co (大聯大) has projected that revenue and earnings for this quarter are to decline from last quarter due to weak seasonal demand and Lunar New Year holiday disruptions. The company last week said its consolidated revenue would probably drop by 13.3 to 21.97 percent to between NT$108 billion and NT$120 billion (US$3.67 billion and US$4.08 billion) from last quarter’s NT$138.41 billion. WPG distributes semiconductor components for more than 200 leading global brands, with products including components for computers, communication devices, consumer electronics, industrial products and vehicles. Net income is predicted to range from NT$1.18 billion to NT$1.39 billion, with expected earnings per share (EPS) ranging from NT$0.65 to NT$0.77, the company said. WT Microelectronics rounded out last year with net income of NT$2.52 billion, up 48 percent year-on-year with EPS of NT$5.26, while revenue increased 31.41 percent to NT$189.42 billion.


Source: Taipei Times February 11, 2018 15:56 UTC


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