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 |
|
|