Wiwynn Reports Second Quarter 2021 Financial Results

Following the Board of Directors meeting today (August 3), Wiwynn Corporation announced consolidated revenue of NT$51.193 billion, operating profit of NT$2.987 billion, profit before tax (PBT) of NT$2.944 billion, profit after tax (PAT) NT$2.309 billion, and basic earnings per share (EPS) of NT$13.20 for the second quarter ended June 30, 2021.

In the second quarter of 2021, we achieved second quarter record highs for profits and margins. Gross margin increased by 0.3ppt to 8.1% year-over-year. Operating margin increased by 0.3ppt to 5.8%, and PAT margin increased by 0.3ppt to 4.5%. EPS was NT$13.20, higher than NT$12.41 in the same period of 2020.

In the first half of 2021, consolidated revenue reached NT$90.483 billion, a record high in the same period, which increased by 3.8% year-over-year. Year-over-year, gross margin for the period increased by 0.4ppt to 8.2%, operating margin increased by 0.4ppt to 5.8%. PAT reached NT$4.008 billion and PAT margin increased by 0.3ppt to 4.4%. EPS was NT$22.92, higher than NT$20.78 in the same period of the prior year. The above numbers are all record highs in the same period.

Looking forward to the second half of 2021, the demand of data center industry is growing continuously. However, risk of components shortage is still severe with the global pandemic and supply constraints. The Company is committed to stability and flexibility of operations through cooperation with customers and supply chain partners. Also, the Company has received the registration letter of TPEx trading of the ordinary corporate bond on August 2, 2021. The issuance of NTD$4.45 billion unsecured ordinary corporate bond is scheduled on August 6, 2021, to provide sufficient working capital.