Press Release
2004.04.27
Sunplus Announces 1Q'04 Financial Result
Hsinchu Science Park, Taiwan, April 27th, 2004 - Sunplus Technology Co., Ltd. (TSE: 2401, LSE: SUPD) today announces its financial results of 1st quarter in 2004. The net sales added up to NT$3,635 million, which grew 99.2% comparing with the same period in 2003. Overall gross margin in 1Q'04 were 32.4%, R&D expenses were 12.7% of the net sales of 1Q'04. The net income in 1Q'04 were NT$568 million, which earnings per share were NT$0.73 based on current 777,504 thousand shares.

(in NT$ thousand)
1Q2004
1Q2003
YoY
Net Sales
3,634,990
100.0%
1,824,370
100.0%
99.2%
Gross Margin
1,176,715
32.4%
550,713
30.2%
113.7%
Operating Income
586,998
16.2%
164,332
9.0%
257.2%
Net Income
567,863
15.6%
213,040
11.7%
166.6%

EPS(NT$)
* Based on 777.504 million shares

0.73
0.27
 

 

(in NT$ thousand)
1Q2004
4Q 2003
QoQ
Net Sales
3,634,990
100.0%
3,761,752
100.0%
-3.4%
Gross Margin
1,176,715
32.4%
1,283,486
34.1%
-8.3%
Operating Income
586,998
16.2%
772,712
20.5%
-24.0%
Net Income
567,863
15.6%
802,381
21.3%
-30.6%
EPS(NT$)
* Based on 777.504 Million Shares
0.73
1.03
 

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