WT Microelectronics (3036 TT) ("WT") held its online investor conference today to update the financial results of the second quarter of 2024 and provide business outlook. The financial contributions from the acquisition of Future Electronics are fully included in the second quarter of 2024. Unaudited consolidated revenue for the second quarter of 2024 was approximately…
Electronics component distributor WT Microelectronics (3036 TT) today announced its unaudited consolidated monthly sales for June 2024 totaled approximately NT$75.9 billion (US$2,342 million), an increase of approximately 86% over June 2023 and a decrease of approximately 5% from May 2024. Consolidated sales for the second quarter of 2024 totaled approximately NT$243.6 billion (US$7,539 million), an…
Electronics component distributor WT Microelectronics (3036 TT) today announced its unaudited monthly sales for May 2024 totaled approximately NT$80.2 billion (US$2,475 million), a decrease of approximately 8% from April 2024 and an increase of approximately 119% over May 2023. Aggregated sales for January to May 2024 totaled approximately NT$360.4 billion (US$11.3 billion), an increase of…
Electronics component distributor WT Microelectronics (3036 TT) today announced its unaudited monthly sales for April 2024 totaled approximately NT$87.5bn (US$2,721mn). April was the first month that WT Microelectronics’ results included the consolidation of Future Electronics. Unaudited monthly sales for April 2024 increased approximately 31% from March 2024 and approximately 119% over April 2023, setting a new record for monthly revenue. Aggregated sales from January to April 2024 totaled approximately NT$280.2bn (US$8,851mn), an increase of approximately 75% compared to the same period in 2023.
WT Microelectronics (3036 TT) (“WT”) held its online investor conference today to update on the financial results of the first quarter of 2024 and provide business outlook. Unaudited consolidated revenue for the first quarter of 2024 was approximately NT$192.6bn (US$6.13bn), up 2% quarter-on-quarter and 60% year-on-year. Operating profit was approximately NT$2,611mn (US$83.1mn), up 36% quarter-on-quarter and 32% year-on-year. Net profit after tax attributable to owners of the parent was approximately NT$1,590mn (US$50.6mn), and EPS was approximately NT$1.57 based on the weighted average outstanding shares.
WT Microelectronics Co., Ltd. (3036 TT) (“WT” or the “Company”) has successfully priced its GDSs offering of approximately US$341 million on April 9, 2024. A total of 17 million GDSs, representing 85 million common shares of WT, will be listed on the Luxembourg Stock Exchange.
This is the second GDSs offering that WT has completed in the last two years, demonstrating the ongoing interest and focus from the international capital markets toward the Company. In addition, the transaction has captured the favorable market condition as well as robust share price performance since WT’s acquisition of Future Electronics, which was announced in September 2023 and completed in April 2024. As a result of the transformational acquisition, WT has become a truly global electronic components distributor with end-to-end capabilities and a diversified geographic presence across Asia Pacific, the Americas and EMEA, enabling the Company to offer the highest level of services to suppliers and customers globally.
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