Wus Printed Circuit Posts Sharp Profit Rise for 1H19


Reading time ( words)

PCB manufacturer Wus Printed Circuit saw its net profits shoot up over 100% on year in the first half of 2019, thanks mainly to sharp increases in PCB demand for networking equipment.

The China-based maker has reported revenues of CNY3.122 billion ($436.71 million) for the first half of 2019, soaring 26.72% on year, with its net earnings skyrocketing 143.4% from a year earlier to CNY478 million. Revenues from domestic and overseas markets reached 45% and 55%, respectively. Wus attributed the sharp revenue and profit increases mainly to strong shipments of PCBs for networking applications, which contributed over 70% of its first-half-2019 revenues and showed an on-year revenue growth of 36.58% in the period, with gross margin rate rising by 9.74pp. Besides, shipments for industry control applications, commanding a revenue ratio of only 6.5%, also surged 35.92% on year.

Share

Print


Suggested Items

IPC APEX EXPO 2020: The I-Connect007 Photo Gallery

02/12/2020 | I-Connect007 Editorial Team
If you couldn’t make it to IPC APEX EXPO 2020 in San Diego, don’t worry. I-Connect007 was there to cover it all. From “A Night of Happy-ness” through tear-down, our reporters were on hand to document the entire week.

Kurt Palmer Takes on New Role as Burkle America President

01/29/2020 | Barry Matties, I-Connect007
During productronica 2019, Barry Matties chatted with Kurt Palmer about his new role as president of Burkle America, the work they do with Schmoll Maschinen, and why customers in North America must continue to invest to keep up with the technology and be profitable.

IPC APEX EXPO Technical Conference, Featuring Fundamentals and the Intersection

01/23/2020 | Brook Sandy-Smith, IPC
IPC's Brook Sandy-Smith brings us a preview of the Technical Conference at IPC APEX EXPO 2020. In addition to the Sessions @ the Intersection and the Technical Conference, the Fundamentals Program is new at IPC APEX EXPO 2020. The program provides curated content for industry newcomers and anyone interested in a broader view through the many facets of electronics manufacturing. Attendees will learn important concepts, terminology, and background as preparation for the detailed content on new studies and technologies presented at the technical conference.



Copyright © 2020 I-Connect007. All rights reserved.