2002.07.26
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 |
|
|
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