TAIPEI, Taiwan – Wistron announced that its Board of Directors approved the financial results for first half of 2016.
The total revenue in the first half of 2016 was NT$281,323 million, operating income was NT$2,476 million, profit before tax (PBT) was NT$1,517 million and profit after tax (PAT) was NT$999 million, with EPS of NT$0.41. For the second quarter of fiscal year 2016 ended June 30, 2016, revenue was NT$146,627 million, operating income was NT$947 million, PBT was NT$914 million and PAT was NT$616 million, with EPS of NT$0.25.
Wistron InfoComm (Zhongshan) Corporation will revise the maximum investment for component assembly business from US$133 million to US$153 million.
In addition, the Board approved the transition of CEO Simon Lin to his new position as Chief Strategy Officer where he will focus on company strategic development. Simon will remain as Chairman of the Board. Robert Hwang is appointed as President and CEO.
