Press Release
2003.04.25
Sunplus Announces 1st Quarter 2003 Financial Result
Science-Based Industrial Park, Hsinchu, Taiwan, April 25th, 2003 - Sunplus Technology Co., Ltd. (TSE: 2401, LSE: SUPD) today announced its 2003 1st Quarter financial results. The net sales of 1Q'03 totaled NT$1,824 million, which grew 9.0% compared to 1Q'02. Due to product mix change, the gross margin were 30.2% similar to 4Q'02, which were 30.6%. The net income from operations added up to NT$ 164 million. The R&D expenses in 1st Quarter were 17.4% of the net sales, which were 14.4% in the same period in 2002. The net income amounted to NT$213million, and the earnings per share would be NT$ 0.31 based on the current 694.95 million shares.

(in NT$ thousand)
1Q 2003Amount
1Q 2002Amount
YoYChange
Net Sales
1,824,370
100.0%
1,673,710
100.0%
9.0%
Gross Margin
550,713
30.2%
657,358
39.3%
-16.2%
Operating Income
164,332
9.0%
357,258
21.3%
-54.0%
Net Income
213,040
11.7%
431,636
25.8%
-50.6%
EPS(NT$)* Based on 694.95 million shares
0.31
0.62