Wiwynn’s net profit, EPS hit all-time highs for firm
GROWING DEMAND: Analysts said the firm is poised to be a major beneficiary of resumed global demand for data centers, after months of inventory adjustments
By Chen Cheng-hui / Staff reporter
Wiwynn Corp (緯穎科技), a cloud computing equipment supplier, on Friday reported that first-quarter net profit and earnings per share were the highest for the January-to-March period in the company’s history.
Net profit was NT$1.7 billion (US$60.9 million), down 37.82 percent quarter-on-quarter, but up 16.17 percent year-on-year, said the company, a subsidiary of contract electronics maker Wistron Corp (緯創).
Earnings per share reached NT$9.72, lower than the NT$15.63 in the fourth quarter of last year, but higher than the NT$8.37 in the first quarter of last year, the company said in a statement.