Press Room

Walsin Lihwa Announces First Quarter Financial Results, with NT$ 0.38 Earnings Per Share

Walsin Lihwa Corporation announces its stand alone as well as consolidated financial statements of 2010 first quarter on 29th April. The company’s net operating revenue from January through March this year is approx. NT$19.3 billion, an increase of 59% compared to previous year. The consolidated net operating revenue reaches NT$45.16 billion, an increase of 103% compared to the previous year. The operating gross profit reaches NT$1.22 billion and the consolidated one reaches NT$2.26 billion. The income from operations is NT$ 792 million, and consolidated income from operations is NT$1.19 billion. Net income after tax reaches NT$ 1.16 billion, earnings per share at NT$ 0.38.

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.