Recently, WPG Group released its earnings report last year and the outlook for the first quarter of this year. Among them, the revenue and net profit for the whole year of 2018 are all new highs. Looking forward to the first quarter of this year, the estimated operating income will be between NT$117 billion and NT$123 billion.
WPG grew steadily in 3C, automotive electronics and other fields last year. It also has good performance in high-end new applications such as Internet of Things (IoT), artificial intelligence (AI), cloud storage, and high-speed computing.
WPG's consolidated revenue, operating net profit and after-tax net profit for the year of 2018 reached NT$451,124 million, NT$10,068 million and NT$7.432 billion, respectively, up 2.4%, 6.2% and 1.7% over the same period last year. Among them, the net profit of its electronic components distribution business exceeded NT$10 billion for the first time.
Looking forward to the first quarter of 2019, WPG expects that if the exchange rate of NT$30.6 to US$1 is assumed, the estimated operating income will be 117 billion to 213 billion, and the estimated gross profit margin is between 4.1% and 4.3%.
