2003.10.24
Sunplus Announces 3Q 2003 Financial Result
Science-Based Industrial Park, Hsinchu, Taiwan,
October 24th, 2003 - Sunplus Technology Co., Ltd.
(TSE: 2401, LSE: SUPD) today announced its 3rd Quarter
financial results of 2003. From January to September in
2003, the net sales added up to NT$7,336 million, which
grew 13.0% comparing with the same period of last year.
The net income from January to September in 2003 were NT$1,205
million, which earnings per share were NT$ 1.55 based on
current 777,504 thousand shares.
The net sales of 3Q'03 totaled NT$3,100 million, which
net income amounted NT$571million, and the earnings per
share would be NT$ 0.73 based on the current 777,504 thousand
shares. The product gross margin (no licensing fee income
this quarter) of 3Q'03 increased to 35.4% due to product
mix change and process migration. The R&D expenses in
3rd Quarter were 12.7% of the net sales, which were 16.1%
in 2nd Quarter in 2003.
(in NT$ thousand) |
Jan~Sep 2003
Amount |
Jan~Sep 2002
Amount |
YoY(%) |
Net Sales |
7,335,901 |
100.0% |
6,492,680 |
100.0% |
13.0% |
Gross Margin |
2,538,823 |
34.6% |
2,485,619 |
38.3% |
2.1% |
Operating Income |
1,205,915 |
16.4% |
1,515,588 |
23.3% |
(20.4%) |
Net Income |
1,204,590 |
16.4% |
1,687,685 |
26% |
(28.6%) |
EPS(NT$)
* Based on 777.504 million shares |
1.55 |
2.17 |
|
|
(in NT$ thousand) |
3Q 2003 Amount |
2Q 2003 Amount |
YoY(%) |
Net Sales |
3,099,838 |
100% |
2,411,693 |
100.0% |
28.5% |
Gross Margin |
1,098,520 |
35.4% |
889,590 |
36.9% |
23.5% |
Operating Income |
621,661 |
20.0% |
419,922 |
17.4% |
48.0% |
Net Income |
571,119 |
18.3% |
420,431 |
17.4% |
35.8% |
EPS(NT$)
* Based on 777.504 million shares |
0.73 |
0.54 |
|
|
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