2005.04.28
Sunplus Announces 1Q 2005 Financial Result
Hsinchu Science Park, Taiwan, April 28th, 2005
- Sunplus Technology Co., Ltd. (TSE: 2401, FTSE:
SUPD) today announced its financial results of 1Q'05. The
net sales from January to March in 2005 added up to NT$4,164
million, which grew 14.6% comparing with the same period
in 2004. The gross margin of 1Q'05 dropped to 25.4% due
to product mix change, US dollar depreciation and product
ASP decline. The R&D expenses in 1Q'05 were 13.2% of
the net sales. The SG&A expenses in 1Q'05 were 5.3%
of the sales which declined 42.2% QoQ. The operating profits
in 1Q'05 were NT$288million. The net income in 1Q'05 were
NT$179million, which earnings per share were NT$ 0.20 based
on current 875,254.4 thousand shares.
(in
NT$ thousand) |
1Q2005 |
1Q2004 |
YoY |
Amount |
Ratio |
Amount |
Ratio |
Net Sales |
4,163,961 |
100.0% |
3,634,990 |
100.0% |
+14.6% |
Gross Margin |
1,057,184 |
25.4% |
1,176,715 |
32.4% |
-10.2% |
Operating Income |
288,419 |
6.9% |
586,998 |
16.1% |
-50.9% |
Net Income |
179,085 |
4.3% |
567,863 |
15.6% |
-68.5% |
EPS(NT$)
* Based on 875,254,400 Shares |
0.20 |
0.65 |
|
|
(in
NT$ thousand) |
1Q2005 |
4Q2004 |
QoQ |
Amount |
Ratio |
Amount |
Ratio |
Net Sales |
4,163,961 |
100.0% |
5,014,302 |
100.0% |
-17.0% |
Gross Margin |
1,057,184 |
25.4% |
1,377,933 |
27.5% |
-23.3% |
Operating Income |
288,419 |
6.9% |
447,986 |
8.9% |
-35.6% |
Net Income |
179,085 |
4.3% |
344,125 |
6.9% |
-48.0% |
EPS(NT$)
* Based on 875,254,400 Shares |
0.20 |
0.39 |
|
|