Press Release
2005.07.29
Sunplus Announces 1H'05 Financial Result
Hsinchu Science Park, Taiwan, July 29th, 2005 - Sunplus Technology Co., Ltd. (TSE: 2401, LSE: SUPD) today announces its financial results of 1st half in 2005. The net sales added up to NT$8,613million, which grew 1.6% comparing with the same period in 2004. Overall gross margin in 1H'05 were 28.4%, R&D expenses were 13.6% of the net sales of 1H'05. The net profits 1H'05 were NT$619 million, which earnings per share were NT$0.70 based on capital stock at June 30, 2005 which is 879,307.3 thousand shares.

The sales of 2nd quarter in 2005 summed up NT$4,449 million, which grew 6.8% comparing with 1st quarter this year. The gross margin rate in 2Q'05 was improved to 31.3% since gross margin rate in 1Q'05 was 25.4%. The R&D expenses in 2Q'05 were 14.0%. The net profits in 2Q'05 were NT$440 million, which grew 145.5% comparing with 1st Quarter in 2005. The earnings per share in 2Q'05 were NT$0.50 based on capital stock at June 30, 2005 which is 879,307.3 thousand shares.

(in NT$ thousand)
1H2005
1H2004
YoY
Amount
Ratio
Amount
Ratio
Net Sales
8,612,619
100.0%
8,472,976
100.0%
+1.6%
Gross Margin
2,448,044
28.4%
2,684,308
31.7%
-8.8%
Operating Income
798,736
9.3%
1,451,353
16.1%
-45.0%
Net Income
618,761
7.2%
1,361,147
16.1%
-54.5%
EPS(NT$)
*Based on 879,307.3 Shares
0.70
1.55

(in NT$ thousand)
2Q2005
1Q 2005
QoQ
Amount
Ratio
Amount
Ratio
Net Sales
4,448,658
100.0%
4,163,961
100.0%
+6.8%
Gross Margin
1,390,860
31.3%
1,057,184
25.4%
+31.6%
Operating Income
510,317
11.5%
288,419
6.9%
+76.9%
Net Income
439,676
9.9%
179,085
4.3%
+145.5%
EPS(NT$)
*Based on 879,307.3 Shares
0.50
0.20

(in NT$ thousand)
2Q2005
2Q 2004
QoQ
Amount
Ratio
Amount
Ratio
Net Sales
4,448,658
100.0%
4,837,986
100.0%
-8.0%
Gross Margin
1,390,860
31.3%
1,507,593
31.2%
-7.7%
Operating Income
510,317
11.5%
864,355
17.9%
-41.0%
Net Income
439,676
9.9%
793,284
16.4%
-44.6%
EPS(NT$)
*Based on 879,307.3 Shares
0.50
0.90

About Sunplus

Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD), established in 1990, is a leading chip provider for multimedia and automotive applications such as DVD player, portable DVD player, home entertainment audio products, car infotainment and advanced driving assistance system(ADAS). Meanwhile Sunplus is offering high-speed I/O IP, high performance data conversion IP, and analog IP for a broad range of applications on consumer, portable, and connected devices for Sunplus has been accumulating strong IP technologies on consumer and multimedia segments. Sunplus is headquartered in Taiwan and has service offices in Shanghai, Shenzhen and Chengdu. For more information, please visit Sunplus website at www.sunplus.com.

Sunplus Contact

Spokesperson

Wayne Shen
Vice President
+886-3-5786005#2350
wayne@sunplus.com

Deputy Spokesperson

Joseph Chuang
Administration Div. Director
+886-3-5786005#3120
pr@sunplus.com