Wistron profit falls due to stake in Luxshare Precision
By Angelica Oung / Staff reporter
Wistron Corp (緯創), one of Apple Inc’s iPhone assemblers, yesterday reported that first-quarter net profit plunged 95 percent quarter-on-quarter and 84 percent year-on-year to NT$113 million (US$4.05 million), dragged by non-operating losses.
That compared with a net profit of NT$726.71 million a year earlier and NT$2.32 billion in the fourth quarter of last year.
Earnings per share (EPS) dipped to NT$0.04, from NT$0.26 a year earlier and NT$0.83 the previous quarter.
Wistron Corp chairman Simon Lin speaks at an event at Taipei New Horizon Building on Jan 14.
Photo: CNA