Trade Resources Industry Views IC Distributor WPG Expects Revenues to Decline Slightly in 4q15

IC Distributor WPG Expects Revenues to Decline Slightly in 4q15

IC distributor WPG expects its revenues to decline 4-6% to NT$129-135 billion (US$3.99-4.18 billion) in the fourth quarter of 2015 with a gross margin of 3.95-4.1% and an operating margin of 1.4-1.6%.

WPG also reported net profits of NT$1.615 billion for the third quarter of 2015, increasing 39.1% from the previous quarter. The earnings translated into an EPS of NT$0.98 for the quarter.

However, the company said its gross margin stood at 4.05% in the third quarter, down 0.27 pp from a quarter earlier.

For the first three quarters of 2015, the company garnered revenues of NT$372.94 billion, net profits of NT$4.173 billion and an EPS of NT$2.52.

Source: http://www.digitimes.com/news/a20151104PB203.html
Contribute Copyright Policy
Topics: Metallurgy