(Central News Agency reporter Chung Jung-feng, Taipei, 4th) Test interface manufacturer WinWay today announced its first-quarter financial report. Its consolidated revenue for the single quarter reached NT$2.98 billion, a sequential increase of 33.39% and a year-on-year increase of 29.73%, setting a new quarterly high. The gross profit margin was 43%, a sequential increase of 1 percentage point and a year-on-year decrease of 6 percentage points. Net profit attributable to the parent company for the single quarter was NT$699 million, a sequential increase of 44.7% and a year-on-year increase of 14%, also a new quarterly high. Earnings per share (EPS) after tax was NT$19.54.
WinWay explained that the explosion of AI applications and demand has driven the simultaneous increase in shipments of high-end product lines such as high-frequency and high-speed, pushing first-quarter revenue and profit to historical highs.
WinWay stated that it continues to seize the strong demand in the AI chip industry, providing corresponding solutions to AI customers from final test (FT) to system-level test (SLT and SFT), and actively deploying high-speed functional burn-in (Functional BI).
Regarding production capacity layout, WinWay pointed out that it is accelerating its factory expansion plan. Its leased factory in Kaohsiung's Renwu Industrial Park is accelerating expansion into ramp-up phase. After commencing operations in early April, the company continues to purchase new machinery and move in equipment (tool-in). As of now, the new capacity has reached 30% of total capacity, and it is estimated that the new capacity will reach 40% of total capacity in the first half of the year.
Looking ahead to Q2 and this year's operations, WinWay previously stated that with continuously increasing orders and new capacity coming online, revenue is expected to grow quarter by quarter. (Edited by Lin Chia-hsien) 1150504
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- Source: CNA (Central News Agency)
- Category: Taiwan