Walsin Lihwa Announces First Quarter Financial Results, with NT$ 0.02 Earnings Per Share

Walsin Lihwa Corporation announces its stand alone as well as consolidated financial statements of 2009 first quarter on 30th April. The company’s net operating revenue from January through March this year is approx. NT$12.13 billion. The consolidated net operating revenue reached NT$22.19 billion. The operating gross profit reached NT$865 million and the consolidated one reached NT$2.62 billion. The income from operations is NT$ 594 million, and consolidated income from operations is NT$1.75 billion. Net income after tax reached NT$ 51 million, earnings per share at NT$ 0.02.

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

Walsin Lihwa Announced March 2009 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for March 2009, on a stand-alone basis, was NT$5.8 billion, an increase of 60% from February 2009. The company’s consolidated net operating revenue for March 2009 was NT$ 9.0 billion, an increase of 5% from last month.

2009 January through March net operating revenue totaled NT$12.1 billion, consolidated net operating revenue totaled NT$22.8 billion.

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.