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Wistron NeWeb reports increased earnings for 3Q16

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Wistron NeWeb reports increased earnings for 3Q16
Steve Shen, DIGITIMES, Taipei [Friday 11 November 2016]

Networking device supplier Wistron NeWeb has reported net profits of NT$636 million (NT$20.148 million) for the third quarter of 2016, increasing 5% from a year earlier. EPS for the quarter stood at NT$1.86, the company’s highest quarterly EPS in five years.

For the first three quarters of 2016, net profits totaled NT$1.539 billion or NT$4.49 per share on revenues of NT$39.8 billion.

The company’s stock price rallied 10% or NT$8.10 to close at NT$89.20 on the Taiwan Stock Exchange (TSE) during the November 10 session.

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Taipei, Sunday, November 13, 2016 14:19 (GMT+8)
mostly sunny
Taipei
28°C

  • Article
  • . (0)
  • Related content
  • Company info
Print Email

Wistron NeWeb reports increased earnings for 3Q16
Steve Shen, DIGITIMES, Taipei [Friday 11 November 2016]

Networking device supplier Wistron NeWeb has reported net profits of NT$636 million (NT$20.148 million) for the third quarter of 2016, increasing 5% from a year earlier. EPS for the quarter stood at NT$1.86, the company’s highest quarterly EPS in five years.

For the first three quarters of…

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