Walsin Lihwa Announced April 2021 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for April 2021. The company’s consolidated net operating revenue for April 2021 was NT$12.24 billion. January through April revenue for 2021 totaled NT$41.10 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announces 2021 First Quarter Financial Results

Walsin Lihwa Corporation announces its consolidated financial statements of 2021 first quarter financial results on 7th May. Earnings at the Stainless Steel Business Group increased in the backdrop of a stable global recovery and increased demand. The consolidated net operating revenue reaches NT$28.84 billion. The consolidated operating gross profit reaches NT$2.41 billion. The net income after tax reaches NT$1.88 billion, earnings per share at NT$ 0.55.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced March 2021 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for March 2021. The company’s consolidated net operating revenue for March 2021 was NT$11.42 billion. January through March revenue for 2021 totaled NT$28.85 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced February 2021 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for February 2021. The company’s consolidated net operating revenue for February 2021 was NT$7.25 billion. January through February revenue for 2021 totaled NT$17.43 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Board Meeting of Walsin Lihwa Approves 2020 Financial Statements

Taipei, February 26– A board meeting of Walsin Lihwa today approved the company’s 2020 financial statements. The meeting also decided to hold the 2021 general shareholders’ meeting at 09:00 a.m. on May 28 (Fri.), 2021, at multifunctional hall, 1st Floor, No. 15, 168 Lane, Xingshan Road, Neihu District, Taipei City.

The 2020 consolidated operating revenue is approx. NT$112.55 billion, with a consolidated gross profit of NT12.47 billion. The net income after tax is approx. NT$6.69 billion with EPS of NT$2.04 and a cash dividend of NT$0.9 per share is planned.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced January 2021 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for January 2021. The company’s consolidated net operating revenue for January 2021 was NT$ 10.18 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced December 2020 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for December 2020. The company’s consolidated net operating revenue for December 2020 was NT$11.83 billion. January through December revenue for 2020 totaled NT$112.55 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announced November 2020 Sales Report

Walsin Lihwa Corporation announced its net operating revenue for November 2020. The company’s consolidated net operating revenue for November 2020 was NT$9.52 billion. January through November revenue for 2020 totaled NT$100.73 billion.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

Walsin Lihwa Announces 2020 First 3 Quarters Financial Results

Walsin Lihwa Corporation announces its consolidated financial statements of the 2020 first 3 quarters financial results on 13th November. The consolidated net operating revenue reaches NT$81.36 billion. The consolidated operating gross profit reaches NT$9.1 billion and the consolidated income from operations is NT$5.56 billion. The net income after tax reaches NT$4.82 billion. The earnings per share is at NT$ 1.46.

Walsin Lihwa Corporation, established in 1966, is not only the leading manufacturer of wire & cable, stainless steel, and commodity business in the Greater China region but also a leading real estate developer across the Taiwan Strait.

TECO and Walsin Lihwa form a strategic alliance through a capital increment by issuing new shares

Walsin Lihwa and TECO strengthen cooperation
A new chapter of smart manufacturing, smart industrial town development, and green energy applications

Taipei, November 20 — A board meeting today at Walsin Lihwa resolved to form a strategic alliance with TECO Electric & Machinery Co., Ltd. through an equity swap to further strengthen the long-term partnership and strategic cooperation between the two companies.

Walsin Lihwa — the power cable and wire industry leader in Taiwan — has recently become a designated supplier of wind turbine cables to Mitsubishi Heavy Industries to make a significant advance in the wind power generation market. TECO — one of the world’s top-five motor manufacturers with solid professionalism in electrical engineering — has also recently been awarded an offshore wind power substation turnkey project by the Copenhagen Infrastructure Partners. Both Walsin Lihwa and TECO have entered the supply chain of the wind sites to the west of Changhua to integrate each other’s strengths and provide total solutions to together grasp the business opportunities of wind power generation in Taiwan and elsewhere in Asia Pacific.

Walsin Lihwa has many years of solar power business presence in the US, where the company provides one-stop shopping service ranging from site development, power system planning, construction, operation, and maintenance with annual revenues of more than US$500 million. On the other hand, TECO’s US subsidiary has a proven solution to energy storage as well as a track record of successful implementation with annual sales of approx. US$300 million. The strategic alliance this time will concurrently integrate the two companies’ potential customer bases as well as their systems for energy creation and storage to synergize their individual strengths locally for rapid expansion into new energy markets.

Walsin Lihwa’s leadership in wires for plant construction and TECO’s rigorous development of various smart factory solutions over the past few years can cater for the robust demands resulting from plant construction by Taiwan businesses returning from overseas recently. The two companies are upbeat about their strengthening cooperation as they will be able to engage in cross-selling by sharing existing customers with each other. The demands for electric vehicle charging and power systems, renewable energy grid connection, and power distribution and transmission optimization are expected to grow rapidly, while the two companies’ respective leads in power cables and wires and electrical engineering have accumulated sufficient technology momentum for them to together develop the smart power grid market.

With the longstanding relation, good mutual trust, long-term cooperation between Walsin Lihwa and TECO, this new round of cooperation aims at emerging industry trends and market commonality to integrate both companies’ individual strengths and existing customer resources to expedite business development and share the synergy from the strengthening cooperation.