Golden Bridge, I-Sheng decide on dividends per share for 2002

Taipei, March 7, 2003 (CENS)--Golden Bridge Electech Inc. and I-Sheng Electric Wire Cable Co., Ltd., two local manufacturers of electronic wire/cable harness listed on the local over-the-counter bourse, will deal out a dividend per share of NT$2.0 and NT$3.0, respectively, for last year's operations.

Golden Bridge produces connector wire/cable assemblies. The company has decided to distribute a dividend per share of NT$2.0, NT$1.2 in stock and NT$0.8 in cash, for its 2002 operation and hold this year's shareholder meeting on May 23.

Golden Bridge reaped pretax profit of NT$168 million last year, translating into earnings per share (EPS) of NT$2.79 and net (after-tax) EPS of NT$2.28. The company recorded pretax profit of NT$14.95 million in January this year, equivalent to EPS of NT$0.25.

I-Sheng's main product line is power cord and cable. The company's dividend for last year's operation consists of NT$1.5 in stock and cash each, with the shareholder convention for this year slated for April 15.

Last year, I-Sheng posted revenue of NT$1.695 billion, pretax profit of NT$244 million, after-tax profit of NT$226 million, and net EPS of NT$4.09.