SHORTAGE: The passive components maker has benefited from a supply crunch as Japanese rivals shifted their focus from mainstream to other end applications

Taipei Times
Date: May 03, 2018
By: Lisa Wang  /  Staff reporter

Walsin Technology Corp (華新科技), the nation’s second-largest passive components supplier, yesterday reported a record-high net profit of NT$1.31 billion (US$44.02 million) for last quarter, thanks to strong demand and price hikes.

Last quarter’s figure more than tripled from NT$397 million in the first quarter last year and rose 44.64 percent from NT$905 million in the fourth quarter last year, company data showed.

Earnings per share climbed to NT$2.71 last quarter, compared with NT$0.77 a year earlier and NT$1.83 the previous quarter.

Gross profit also soared to an all-time high of NT$2.34 billion last quarter, from NT$1.06 billion a year ago and NT$1.73 billion in the previous quarter.    [FULL  STORY]