Standard of Excellence: Speed vs. Quality in Customer Service
Knocking Down the Bone Pile: Revamp Your Components with BGA Reballing
Global Sourcing Spotlight: Balancing Speed and Flexibility Without Sacrificing Control
Wistron Announces 2023 Financials and BOD Results
March 13, 2024 | WistronEstimated reading time: 1 minute
Wistron Corp. held a meeting of the Board of Directors today. Following the meeting, the company announced the financial results for 2023. The consolidated revenue reached NTD 867 billion. Operating income was NTD 27,390 million, profit before tax (PBT) was NTD 24,321 million, and profit after tax (PAT) was NTD 11,472 million, with EPS of NTD 4.08.
For the fourth quarter of fiscal year 2023, revenue was NTD 231 billion, operating income was NTD 10,535 million, PBT was NTD 7,122 million and PAT was NTD 3,337 million, with EPS of NTD 1.18.
In addition to the financial results, the company has made the following announcements:
- A cash dividend of NTD 2.60 per common share for 2023 earnings distribution.
- A new proposal to issue no more than 250 million new shares within the next one year timeframe to preserve financial flexibility.
- Wistron Advanced Materials(Kunshan) Co. Ltd., a wholly owned subsidiary of the company, plans to sell the factory building and its land use right to Kunshan Kunkai Chuangyue Asset Management Co., Ltd. at a price of RMB 149.8 million (approximately NTD 654 million). The estimated disposal profit from this transaction is RMB 62 million (approximately NTD 271 million).
- ICT Service Management Solutions (India) Private Limited, the company’s wholly owned subsidiary, intends to secure a land use right from the Karnataka Industrial Area Development Board (KIADB) with an amount of up to INR 1.4 billion (approximately NTD 533 million).
- The Annual General Shareholders’ Meeting will be held on May 30 at the CHANG YUNG-FA FOUNDATION International Convention Center in Taipei.
Share on:
Testimonial
"The I-Connect007 team is outstanding—kind, responsive, and a true marketing partner. Their design team created fresh, eye-catching ads, and their editorial support polished our content to let our brand shine. Thank you all! "
Sweeney Ng - CEE PCBSuggested Items
Aircraft Wire and Cable Market to surpass USD 3.2 Billion by 2034
10/30/2025 | Global Market Insights Inc.The global aircraft wire and cable market was valued at USD 1.8 billion in 2024 and is estimated to grow at a CAGR of 5.9% to reach USD 3.2 billion by 2034, according to recent report by Global Market Insights Inc.
The Training Connection Continues to Grow with Addition of Veteran IPC Trainer Bill Graver
10/30/2025 | The Training Connection LLCThe Training Connection, LLC (TTC-LLC), a premier provider of test engineering and development training, is proud to announce the addition of Bill Graver to its growing team of industry experts. A respected professional with more than 35 years in electronics manufacturing, Bill joins as an IPC Master Trainer, bringing a wealth of hands-on experience in PCB testing, failure analysis, and process improvement.
I-Connect007 Welcomes New Columnist: Leo Lambert, EPTAC
10/30/2025 | I-Connect007I-Connect007 is excited to announce a column by Leo Lambert, an industry veteran with 40 years of experience, an award winner, and technical director at EPTAC. This column, Learning With Leo, will explore the evolution and related challenges of electronics product assembly, especially as it relates to training.
On the Line With… Ultra HDI Podcast—Episode 7: “Solder Mask: Beyond the Traces,” Now Available
10/31/2025 | I-Connect007I-Connect007 is excited to announce the release of the seventh episode of its 12-part podcast series, On the Line With… American Standard Circuits: Ultra HDI. In this episode, “Solder Mask: Beyond the Traces,” host Nolan Johnson sits down with John Johnson, Director of Quality and Advanced Technology at American Standard Circuits, to explore the essential role that solder mask plays in the Ultra HDI (UHDI) manufacturing process.
AI Triggers Next Paradigm Shift in PDN
10/23/2025 | Istvan Novak, SamtecArtificial intelligence (AI), together with machine learning (ML), is creating an unprecedented surge of computing and networking infrastructure needs. This, in turn, has dramatically increased the power consumption of computing and networking chips.