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ELECTRONICS <strong>Wistron posts record profit</strong> Wistron Corp (緯創) yesterday reported record net profit of NT$5.36 billion (US$194.03 million) for last quarter, up 130.56 percent from a year earlier, or earnings per share of NT$1.93. The company’s revenue rose 13.29 percent year-on-year to NT$263.45 billion and gross margin increased 0.24 percentage points to 5.87 percent, Wistron said in a statement. Overall, the contract electronics makers reported net profit of NT$10.46 billion for last year, up 20.4 percent from 2021, after revenue grew 2 percent to NT$862.08 billion and gross margin improved 0.48 percentage points to 5.93 percent. Earnings per share stood at NT$3.76 ....
By Crystal Hsu / Staff reporterThe consumer price index （CPI） next year would rise above the 2 percent alert, and not decelerate as other institutes have forecast, because producers and retailers would pass mounting cost burdens on to customers, Academia Sinica said yesterday. ....
The consumer price index (CPI) next year would rise above the 2 percent alert, and not decelerate as other institutes have forecast, because producers and retailers would pass mounting cost burdens on to customers, Academia Sinica said yesterday. The inflationary gauge would be 2.04 percent next year, compared with 2.01 percent this year, as companies would boost selling prices to reflect rising costs, with the spillover effect extending to end consumers, Academia Sinica research fellow Ray Chou (周雨田) told an online news conference. Academia Sinica is the only economic research institute in Taiwan to have forecast domestic inflation of more than 2 ....
Miaoli County-based tile producer Champion Building Materials Co (冠軍建材) yesterday posted revenue of NT$900 million (US$31.97 million) for last quarter, up 8.55 percent from three months earlier, as demand improved alongside the property market’s recovery from a local COVID-19 outbreak. The quarterly sales were the strongest in four quarters, aided by revenue growth of 10 percent to NT$291 million last month, it said in a statement. Inventory demand picked up significantly last month from major customers in Taiwan, which generated 93.32 percent of its topline, while China accounted for the remaining 6.68 percent, Champion said. The company operates 10 showrooms nationwide and collaborates ....