WPG Holdings' Q1 Profit Surges 1.92 Times Year-on-Year to Record High, EPS NT$3.3

(Central News Agency reporter Tseng Jen-kai, Taipei, 12th) IC distribution giant WPG Holdings today announced its first-quarter financial report, with revenue reaching NT$316.5 billion, a 23.9% increase quarter-on-quarter and a 27.2% increase year-on-year. Net profit attributable to the parent company was NT$5.548 billion, a 95.1% increase quarter-on-quarter and a significant 1.92-fold increase year-on-year. Both revenue and profit set new historical highs, with earnings per share (EPS) at NT$3.3 for the single quarter.

In addition, WPG Holdings also announced yesterday that its April revenue was NT$127.34 billion, a 10.1% decrease month-on-month but a 38.7% increase year-on-year, marking the second-highest single-month revenue in history.

WPG Holdings stated that as global AI infrastructure construction continues to accelerate, and the scale of high-performance computing and large data centers continues to expand, the momentum for electronic component procurement across the supply chain has comprehensively strengthened. Demand for AI servers and traditional servers has expanded simultaneously, driving a comprehensive increase in demand for various application components such as high-density storage, high-speed interconnects, memory, power management, and networking. The convergence of diverse demands has formed a strong structural growth momentum, pushing WPG Holdings' performance to maintain high growth.

Furthermore, WPG Holdings' EPS last year was NT$5.77. Today, the board of directors resolved to propose a cash dividend of NT$3.8 per share, with a payout ratio of 65.8%. Compared to today's closing stock price of NT$114, the cash dividend yield is 3.33%.

WPG Holdings is scheduled to hold an online investor conference on May 19, where further explanations on the industry outlook and the company's operational prospects are expected. (Edited by Huang Kuo-lun) 1150512

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