Press Release
2005.07.29
Sunplus Announces 1H'05 Financial Result
Hsinchu Science Park, Taiwan, July 29th, 2005 - Sunplus Technology Co., Ltd. (TSE: 2401, LSE: SUPD) today announces its financial results of 1st half in 2005. The net sales added up to NT$8,613million, which grew 1.6% comparing with the same period in 2004. Overall gross margin in 1H'05 were 28.4%, R&D expenses were 13.6% of the net sales of 1H'05. The net profits 1H'05 were NT$619 million, which earnings per share were NT$0.70 based on capital stock at June 30, 2005 which is 879,307.3 thousand shares.

The sales of 2nd quarter in 2005 summed up NT$4,449 million, which grew 6.8% comparing with 1st quarter this year. The gross margin rate in 2Q'05 was improved to 31.3% since gross margin rate in 1Q'05 was 25.4%. The R&D expenses in 2Q'05 were 14.0%. The net profits in 2Q'05 were NT$440 million, which grew 145.5% comparing with 1st Quarter in 2005. The earnings per share in 2Q'05 were NT$0.50 based on capital stock at June 30, 2005 which is 879,307.3 thousand shares.

(in NT$ thousand)
1H2005
1H2004
YoY
Amount
Ratio
Amount
Ratio
Net Sales
8,612,619
100.0%
8,472,976
100.0%
+1.6%
Gross Margin
2,448,044
28.4%
2,684,308
31.7%
-8.8%
Operating Income
798,736
9.3%
1,451,353
16.1%
-45.0%
Net Income
618,761
7.2%
1,361,147
16.1%
-54.5%
EPS(NT$)
*Based on 879,307.3 Shares
0.70
1.55

(in NT$ thousand)
2Q2005
1Q 2005
QoQ
Amount
Ratio
Amount
Ratio
Net Sales
4,448,658
100.0%
4,163,961
100.0%
+6.8%
Gross Margin
1,390,860
31.3%
1,057,184
25.4%
+31.6%
Operating Income
510,317
11.5%
288,419
6.9%
+76.9%
Net Income
439,676
9.9%
179,085
4.3%
+145.5%
EPS(NT$)
*Based on 879,307.3 Shares
0.50
0.20

(in NT$ thousand)
2Q2005
2Q 2004
QoQ
Amount
Ratio
Amount
Ratio
Net Sales
4,448,658
100.0%
4,837,986
100.0%
-8.0%
Gross Margin
1,390,860
31.3%
1,507,593
31.2%
-7.7%
Operating Income
510,317
11.5%
864,355
17.9%
-41.0%
Net Income
439,676
9.9%
793,284
16.4%
-44.6%
EPS(NT$)
*Based on 879,307.3 Shares
0.50
0.90