2004.10.27
Sunplus Announces 3Q 2004 Financial Result
Hsinchu Science Park, Taiwan, October 27th, 2004
- Sunplus Technology Co., Ltd. (TSE: 2401, FTSE:
SUPD) today announced its 3rd Quarter financial results
of 2004. From January to September in 2004, the net sales
added up to NT$13,926 million, which grew 89.8% comparing
with the same period of last year. The net profits from
January to September in 2004 were NT$2,394 million, which
earnings per share were NT$ 2.73 based on current 875,254.4
thousand shares after dividend.
The net sales of 3Q'04 totaled NT$5,453million,and product
gross margin of 3Q'04 increased to 34.5% due to product
mix change and process migration. The R&D expenses in
3rd Quarter were 10.1% of the net sales. The net income
in 3Q'04 amounted NT$1,032million, and the earnings per
share would be NT$1.18 based on the current 875,254.4 thousand
shares.
(in NT$ thousand) |
Jan.~
Sep. 2004 |
Jan.~ Sep.
2003 |
YoY |
Amount |
Ratio |
Amount |
Ratio |
Net Sales |
13,925,754 |
100.0% |
7,335,901 |
100.0% |
89.8% |
Gross Margin |
4,565,273 |
32.8% |
2,538,823 |
34.6% |
79.8% |
Operating Income |
2,478,542 |
17.8% |
1,205,915 |
16.4% |
105.5% |
Net Income |
2,393,566 |
17.2% |
1,204,590 |
16.4% |
98.7% |
EPS(NT$)
* Based on 875,254.4 Thousand Shares
|
2.73 |
1.38 |
|
|
(in NT$ thousand) |
3Q 2004 |
3Q 2003 |
YoY |
Amount |
Ratio |
Amount |
Ratio |
Net Sales |
5,452,778 |
100.0% |
3,099,838 |
100.0% |
75.9% |
Gross Margin |
1,880,965 |
34.5% |
1,098,520 |
35.4% |
71.2% |
Operating Income |
1,027,189 |
18.8% |
621,661 |
20.1% |
65.2% |
Net Income |
1,032,419 |
18.9% |
571,119 |
18.4% |
80.8% |
EPS(NT$)
* Based on 875,254.4 Thousand Shares |
1.18 |
0.65 |
|
|
(in NT$ thousand) |
3Q
2004 |
2Q 2004 |
QoQ |
Amount |
Ratio |
Amount |
Ratio |
Net Sales |
5,452,778 |
100.0% |
4,837,986 |
100.0% |
12.7% |
Gross Margin |
1,880,965 |
34.5% |
1,507,593 |
31.2% |
24.8% |
Operating Income |
1,027,189 |
18.8% |
864,355 |
17.9% |
18.8% |
Net Income |
1,032,419 |
18.9% |
793,284 |
16.4% |
30.1% |
EPS(NT$)
* Based on 875,254.4 Thousand Shares |
1.18 |
0.91 |
|
|
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