Walsin Lihwa Announces First Half Financial Results, with NT$ 0.75 Earnings Per Share

Walsin Lihwa Corporation announces its stand alone as well as consolidated financial statements of 2010 first 2 quarter on 16th August. The company’s net operating revenue from January through June this year is approx. NT$40.32 billion, an increase of 35% compared to 2009. The consolidated net operating revenue reached NT$95.14 billion, an increase of 71% compared to 2009. The operating gross profit reached NT$2.3 billion and the consolidated one reached NT$3.6 billion. The income from operations is NT$ 1.5 billion, and consolidated income from operations is NT$1.4 billion. Net income after tax reached NT$ 2.3 billion, earnings  per share at NT$ 0.75.

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

Walsin Lihwa Announced July 2010 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for July 2010, on a stand-alone basis, was NT$6.7 billion, an increase of 16% from July 2009. January through July net operating revenue for 2010 totaled NT$47 billion, an increase of 32% compared to 2009.

The company’s consolidated net operating revenue for July 2010 was NT$ 15.6 billion, an increase of 28% from July 2009. January through July revenue for 2010 totaled NT$110.6 billion, an increase of 63% compared to the previous year. 

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.