WT Microelectronics (3036 TT) held the Investor Conference today to update the unaudited financial results of the year of 2018 and business outlook. Consolidated revenue for the year of 2018 was NT$273.4bn, up 44% YoY. Operating profit was NT$5.26bn, up 34% YoY. Net profit was NT$2.78bn, up 10% YoY. Weighted average EPS was NT$5.02.

For the outlook of the first quarter of 2019, revenue is expected to be between NT$65bn to NT$70bn, up 31% to 41% YoY, gross profit margin to be between 3.3% to 3.5%, and operating profit margin to be 1.4% to 1.6%. Communication segment is expected to decrease highest QoQ, due to inventory adjustment from smartphone customer, but maintain strong YoY growth. Computing application is expected to increase single digit QoQ and maintain strong YoY growth. Consumer segment is expected to decrease double digit QoQ but maintain double digit YoY growth. Industrial and Instrument sector is expected to decline single digit QoQ and double digit YoY. Automotive segment is expected to deliver double digit QoQ decrease and single digit YoY decrease.

For the outlook of the year of 2019, global economies and supply chain have some uncertainty. WT Microelectronics will continue to improve operation efficiency, optimize operation management system, enhance financial control, and strengthen human resource management, in order to deepen the capability of value added service in the semiconductor supply chain and improve overall operation scale and efficiency.