Press Release
Sunplus Announces 1H02 Financial Result
Science-Based Industrial Park, Hsinchu, Taiwan, July 26, 2002 - Sunplus Technology Co., Ltd. (TSE: 2401, FTSE:SUPD) today announced its financial results for the first half of 2002. Net sales for the 2002 first half were NT$3.954 billion, which is 33.7% growth compared to NT$2.956 billion for the 1st half year of 2001. The net sales reached 45.4% of the yearly forecast NT$8.708 billion for 2002. Due to product structure change, the operating margin for the first half of 2002 declined to 38.5%, which is 1% lower than the whole year forecast 39.5% of 2002, and also 0.4% less compared to 38.9.0% for the first half of 2001. The net income from operation added up to NT$913million, which reached 35.3% of NT$ 2.586 billion yearly forecast. The result came from the non-operating side such as about NT$72 million foreign exchange loss in the first half of 2002. For the stock market is not good, there were NT$100 million less than the forecast of gain on the dispose of investments. The R&D expenses for the first half were 12.2% of the sales revenue and higher than same period of last year as 10.3%. The Net income amounted to NT$933 million so that earnings per share would be NT$1.34 based on the current 694.95 million shares after stock dividend.

(in NT$M) 1H02 Amount* 1H01 Amount YoY change
Net Sales 3,954 100 % 2,957 100 % 33.7%
Gross Margin 1,522 38.5% 1,151 38.9% 32.2%
Operating Income 913 23.1% 738 24.9% 23.6%
Net Income 933 23.6% 967 32.6% -3.6%
EPS(NT$) 1.34