Press Room

Walsin Lihwa Announces 2021 First 3 Quarters Financial Results

Walsin Lihwa Corporation announces its consolidated financial statements of the first 3 quarters of 2021 on 5th November. The profit increased because market demand remained robust; sales and earnings at the Power Cable and Wire as well as the Stainless Steel Businesses were fairly good; full capacity production of nickel pig iron in Indonesia commenced in the 3rd quarter; and positive equity investment earnings were recognized. The consolidated net operating revenue reaches NT$110.24 billion. The consolidated operating gross profit reaches NT$11.35 billion and the consolidated income from operations is NT$6.87 billion. The net income after tax reaches NT$10 billion. The earnings per share is at NT$ 2.92.

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