SOFT POWER: The information technology consulting and outsourcing services provider saw first-half profits nearly double, thanks to growth at home and abroad

Taipei Times
Date: Aug 10, 2019
By: Natasha Li  /  Staff reporter

Wistron Information Technology & Services Corp (Wistron ITS, 緯創軟體), a subsidiary of contract electronics manufacturer Wistron Corp (緯創), last quarter posted record-high profits of NT$143.09 million (US$4.56 million), or earnings per share of NT$2.37.

The company, which provides information technology consulting and outsourcing services to companies including IBM Corp and Apple Inc, saw its cumulative revenue surge 51.99 percent year-on-year to NT$2.69 billion in the first six months, thanks to growth in sales at home, and in China, Hong Kong, Japan and the US.

Net profit soared 97.8 percent to NT$225.51 million, translating into earnings per share of NT$3.74.

The company also reported record-high revenues for the fifth consecutive month, with sales last month amounting to NT$476.72 million, up 40.96 percent from a year earlier.    [FULL  STORY]