Board meeting of Walsin Lihwa approves 2017 financial statements2018.02.23
Taipei, February 23– A board meeting of Walsin Lihwa today approved the company’s 2017 financial statements. The meeting also decided to hold the 2018 general shareholders’ meeting at 09:00 a.m. on May 25 (Fri.), 2018, at multifunctional hall, 1st Floor, No. 15, 168 Lane, Xingshan Road, Neihu District, Taipei City.
As international commodity and raw material prices were on the rise amid the 2017 global recovery, the company’s overall operations maintained stable growth. The 2017 consolidated operating revenue is approx. NT$167.79 billion, with a consolidated gross profit of NT$12 billion. The net income after tax is approx. NT$6.56 billion with EPS of NT$1.97 and a cash dividend of NT$1 per share is planned.
Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of copper wires and rods, power cables, and specialty steel in the Greater China region but also a leading real estate developer across the Taiwan Strait.