Walsin Lihwa Corporation announced its net operating revenue for April 2011, on a stand-alone basis, was NT$6.5 billion. January through April net operating revenue for 2011 totaled NT$26.6 billion.
The company’s consolidated net operating revenue for April 2011 was NT$ 17.3 billion. January through April revenue for 2011 totaled NT$66 billion.
Walsin Lihwa Corporation, established in 1966, has been the leading manufacturer for copper wires and rods, power cables, and specialty steel in the greater China region.
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Walsin Lihwa Announces First Quarter Financial Results, with NT$ 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.
Walsin Lihwa Announced March 2011 Sales Report
Walsin Lihwa Corporation announced its net operating revenue for March 2011, on a stand-alone basis, was NT$8.3 billion, an increase of 19% from March 2010. January through March net operating revenue for 2011 totaled NT$20.1 billion, an increase of 4% compared to 2010.
The company’s consolidated net operating revenue for March 2011 was NT$ 20.1 billion, an increase of 20% from March 2010. January through March revenue for 2011 totaled NT$48.8 billion, an increase of 8% 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.
Board meeting of Walsin Lihwa approves 2010 financial statements EPS of NT$1.55 and cash dividend of NT$0.4
Taipei, March 16, 2011 — Today Walsin Lihwa held a board meeting, which approved the company’s 2010 financial statements audited by CPA. The net income after tax amounts to approx. NT$4.777 billion with EPS of NT$1.55, and a cash dividend of NT$0.4 per share is planned. The board meeting also decided to hold the annual shareholders’ meeting at 9:00 am on June 17 (Fri), at Ballroom, Grand Victoria Hotel Taipei.
Because of an ongoing economy recovery last year boosting copper and nickel prices, sales of Walsin Lihwa copper and stainless steel products reached a new high while the company also benefited from considerably increased non-operating incomes. As a result, the 2010 revenue and earning are significantly higher than 2009. The stand-alone operating revenue, is NT$78.746 billion, approx. 28% higher than 2009. The consolidated operating revenue of NT$190.152 billion is 43% higher. The stand-alone gross profit is NT$5.318 billion with the consolidated gross profit of NT$8.657 billion. The stand-alone income from operations is NT$3.237 billion with the consolidated income from operations of NT$3.545 billion. The net income after tax is NT$4.777 billion with EPS of NT$1.55.
The board meeting also passed two motions: 1) Increase the capital of Dongguan Walsin Lihwa Wire & Cable Co. by US$20 million to increase its working capital and strengthen its financial structure, and 2) transfer Walsin Lihwa Holdings’ ownership of Xian Walsin United Technology Co., LTD. to Market Pilot Limited for investment structure improvement, and have Walsin Lihwa Holdings increase the capital of Market Pilot Limited by US$100 million, of which US$52 million will be the equity transfer price and the other US$48 million will be used for loan payoff.
Established in 1966, Walsin Lihwa is committed to the manufacture and R&D of copper cables and wires, power cable and wires, and specialty steel products. The company is a leader of power cable and wires as well as specialty steel products in the Greater China market.
Walsin Lihwa Announced February 2011 Sales Report
Walsin Lihwa Corporation announced its net operating revenue for February 2011, on a stand-alone basis, was NT$5.7 billion. January through February net operating revenue for 2011 totaled NT$11.8 billion.
The company’s consolidated net operating revenue for February 2011 was NT$ 12.7 billion. January through February revenue for 2011 totaled NT$28.7 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.M
Nanjing Taiwan Trade Mart signs a cooperation agreement with eight major Taiwan industry associations
Taipei, February 16, 2011 — The Nanjing Taiwan Trade Mart today announced a letter-intent signed with eight Taiwan industry associations to together promote Nanjing as strategic platform for Taiwan brands’ market development in Mainland China. The signing ceremony was witnessed by a trade delegation led by Ji Jianye, Mayor of Nanjing, as well as the Taiwan External Trade Development Council, Council for Cultural Affairs, Taiwan Electrical and Electronic Manufacturers’ Associations, and influential business leaders across the Taiwan Strait.
The Nanjing Taiwan Trade Mart, which opened for business in September 2010, has been the first in-market platform in Nanjing for Taiwan companies since the first Taiwan Trade Fair took place there and has helped more than 250 Taiwan brands enter the markets of Nanjing-Shanghai area. Today, Daphne Chang, general manger of the mart, signed the letter-of-intent with the Taiwan Textile Federation, Taiwan Garment Industry Association, Association of Taiwan Tour Souvenir, Taiwan Exhibition and Convention Association, MIT Underwear Innovation Alliance, Corporate Synergy Development Center, China Productivity Center, and Commerce Development Research Institute. According to Yu-Lon Chiao, Chairman of Walsin Lihwa, the strategic cooperation is intended to have the resources and strengths of various industry associations integrated in order to help Taiwan small and medium businesses effectively enter the market of Mainland China and develop business there.
Nanjing is in Jiangsu Province, and Jiangsu always has a good trade relation with Taiwan. Therefore, TAITRA held its first Taiwan Trade Fair in Nanjing to help outstanding Taiwan products be better understood in Mainland China, and has brought in a strong interest in Made-in-Taiwan products. The Nanjing Taiwan Trade Mart, which wants to further develop itself into a permanent platform for the exhibition and sales of Taiwan products, has supported the Jiangsu-Taiwan week as well as the 2nd Taiwan Trade Fair, successfully laying a solid foundation for outstanding Taiwan brands in Nanjing ¡VShanghai markets. According to Daphne Chang, the next objective of the Nanjing Taiwan Trade Mart is to strengthen operation by bringing in even more representative products and delicacies from Taiwan as well as arranging effective, professional buyer-seller match programs and strengthening mall management to make the mart an even better platform for the exhibition and sales of outstanding Taiwan products.
According to Daphne Chang, this year more than 70 events to match buyers and sellers have been planned, including matches on a one-on-one basis. Buyers include Beijing Hualian Investment Group, Wal-Mart, JSBC Mall, etc. which cover department store, high-end supermarket, mega mart, and TV shopping operations and will be entitled to match events of different product categories and different themes. Exhibitions or sales events of diverse themes have also been arranged for sellers from different Taiwan industries, while buyer match and brand management assistance will be provided to them.
The Nanjing Taiwan Trade Mart is as spacious as 75,000 square meters and it is the first ever Taiwan-themed business and trade complex in Mainland China. Supported by the People’s Government of Nanjing’s “green passageway” policy, the Nanjing Taiwan Trade Mart has developed its one-stop-shopping service that integrates government and private sector resources to lower the threshold for Taiwan businesses to enter the market of Mainland China, where they will benefit from the common branding of Made In Taiwan to enjoy the unlimited business opportunities resulting from a rapidly strengthening domestic demand.
Walsin Lihwa Announced January 2011 Sales Report
Walsin Lihwa Corporation announced its net operating revenue for January 2011, on a stand-alone basis, was NT$6.1 billion, an increase of 0% from January 2010.
The company’s consolidated net operating revenue for January 2011 was NT$ 16.0 billion, an increase of 7% from January 2010.
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.
Walsin Lihwa Announced December 2010 Sales Report
Walsin Lihwa Corporation announced its net operating revenue for December 2010, on a stand-alone basis, was NT$5.7 billion, an increase of 11% from December 2009. January through December net operating revenue for 2010 totaled NT$78.7 billion, an increase of 28% compared to 2009.
The company’s consolidated net operating revenue for December 2010 was NT$ 16.2 billion, an increase of 9% from December 2009. January through December revenue for 2010 totaled NT$189.8 billion, an increase of 43% 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.
Walsin Lihwa Announced November 2010 Sales Report
Walsin Lihwa Corporation announced its net operating revenue for November 2010, on a stand-alone basis, was NT$6 billion, an increase of 29% from November 2009. January through November net operating revenue for 2010 totaled NT$73 billion, an increase of 30% compared to 2009.
The company’s consolidated net operating revenue for November 2010 was NT$ 16.3 billion, an increase of 26% from November 2009. January through November revenue for 2010 totaled NT$173.6 billion, an increase of 47% 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.
Walsin Lihwa Announced October 2010 Sales Report
Walsin Lihwa Corporation announced its net operating revenue for October 2010, on a stand-alone basis, was NT$6.1 billion, an increase of 17% from October 2009. January through October net operating revenue for 2010 totaled NT$67 billion, an increase of 30% compared to 2009.
The company’s consolidated net operating revenue for October 2010 was NT$ 14.3 billion, an increase of 19% from October 2009. January through October revenue for 2010 totaled NT$157.3 billion, an increase of 49% 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.