Wiwynn Reports Fourth Quarter 2020 Financial Results

Following the Board of Directors meeting today (March 8), Wiwynn Corporation announced consolidated revenue of NT$52.514 billion, operating profit of NT$3.525 billion, profit before tax (PBT) of NT$3.475 billion, profit after tax (PAT) NT$2.732 billion, and basic earnings per share (EPS) of NT$15.63 for the fourth quarter ended December 31, 2020.

In the fourth quarter of 2020, we achieved record highs for consolidated revenue, operating profit, PBT, PAT and basic EPS. Revenue increased by 6.0% year-over-year. Gross margin increased by 1.3ppt to 8.6%, operating margin increased by 1.1ppt to 6.7%, and PAT margin increased by 1.3ppt to 5.2%. EPS was NT$15.63, higher than NT$11.24 in the same period of 2019.

In fiscal year 2020, consolidated revenue reached NT$186.928 billion, which increased by 14.3% year-over-year. Year-over-year, gross margin for the period increased by 1.2ppt to 8.2%, operating margin increased by 1.0ppt to 6.0%. PAT reached NT$8.610 billion and PAT margin increased by 0.8ppt to 4.6%. EPS was NT$49.25, higher than NT$36.42 in 2019.

Looking back on 2020, under the severe global pandemic, the Company demonstrated high integration capabilities, fulfilled customers’ needs, and once again achieved record high operating results. Looking forward to 2021, the demand of data center industry is growing continuously. The Company is optimistic about the demand for 5G, edge computing, and information and communication products, which will help to accelerate future growth momentum. The Company also continuously strengthen corporate governance, enhance transparency and timeliness of information, and commit to sustainable corporate development.