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ELECTRONICS <strong>Wistron posts record profit</strong> Wistron Corp (緯創) yesterday reported record net profit of NT$5.36 billion (US$194.03 million) for last quarter, up 130.56 percent from a year earlier, or earnings per share of NT$1.93. The company’s revenue rose 13.29 percent year-on-year to NT$263.45 billion and gross margin increased 0.24 percentage points to 5.87 percent, Wistron said in a statement. Overall, the contract electronics makers reported net profit of NT$10.46 billion for last year, up 20.4 percent from 2021, after revenue grew 2 percent to NT$862.08 billion and gross margin improved 0.48 percentage points to 5.93 percent. Earnings per share stood at NT$3.76 ....
Screw maker optimistic on robust demand from US taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.
Screw manufacturer Sheh Fung Screws Co (世豐螺絲) last week reported that first-quarter net income soared 44.6 percent year-on-year to NT$54.03 million (US$1.93 million) from NT$37.4 billion a year earlier, thanks to strong demand from overseas markets, particularly the US. The results translated into earnings per share of NT$1.19, a 25.26 percent increase from NT$0.95 in the same period last year, the company said after a board meeting on Wednesday last week. Revenue was NT$742.16 million in the first quarter, up 54.71 percent from NT$479.7 million a year earlier, Sheh Fung said. Net income and revenue for the first quarter reached a quarterly high, ....