Press Room

Walsin Lihwa Announces First Quarter Financial Results, with NT$ 0.08 Earnings Per Share

Walsin Lihwa Corporation announces its stand alone as well as consolidated financial statements of 2011 first quarter on 28th April. The company’s net operating revenue from January through March this year is approx. NT$20.14 billion, an increase of 4% compared to previous year. The consolidated net operating revenue reaches NT$49.03 billion, an increase of 8% compared to the previous year. The operating gross profit reaches NT$1.57 billion and the consolidated one reaches NT$2.68 billion. The income from operations is NT$ 1.05 billion, and consolidated income from operations is NT$1.33 billion. Net income after tax reaches NT$ 274 million, earnings per share at NT$ 0.08.

Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.