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News Release
VIA Announces 3Q’04 Results
Taipei, Taiwan, 29th October 2004 - VIA Technologies, Inc, a leading
innovator and developer of silicon chip technologies and PC platform
solutions, today announced financial results for third quarter 2004.
Net sales for 3Q’04 were NT$5,591 million, and net income was (NT$50
million). Based on the current 1,238.911 million shares outstanding,
earnings per share were reported as (NT$0.04).
Table 1: Quarterly Income Statements
| |
|
3Q04 |
|
1Q04-3Q04 |
| (in
NT$Million, except EPS) |
|
Amount |
% |
|
Amount |
% |
| Net Revenue |
|
5,591
|
100.0% |
|
14,485 |
100.0% |
| Cost of Goods Sold |
|
(4,142) |
-74.1% |
|
(10,280) |
-71.0% |
| Gross Profit |
|
1,449
|
25.9% |
|
4,205 |
29.0% |
| Operating Expenses |
|
(1,051) |
-18.8% |
|
(3,668) |
-25.3% |
| Operating
Profit |
|
398 |
7.1% |
|
538 |
3.7% |
| Non-Operating Income |
|
400 |
7.2% |
|
792 |
5.5% |
| Non-Operating Expenses |
|
(851) |
-15.2% |
|
(3,063) |
-21.1% |
| Income Before
Tax |
|
(52) |
-0.9% |
|
(1,733) |
-12.0% |
| Income Tax Credit (Expense) |
|
2 |
0.0% |
|
60 |
0.4% |
| Net Income |
|
(50) |
(0.9%) |
|
(1,673) |
-11.6% |
| EPS (1,238,911K shares, treasury shares excluded) |
|
($0.04) |
|
|
($1.35) |
|
Table 2: Balance Sheet
| |
|
Sept 30th, 2004 |
| (in
NT$Million) |
|
Amount |
% |
| Cash & ST Investment |
|
6,998 |
24.8% |
| Receivables |
|
3,638 |
12.9% |
| Inventory |
|
4,279 |
15.2% |
| Other Current Assets |
|
521 |
1.8% |
| Total Current
Assets |
|
15,436 |
54.7% |
| LT Investment |
|
8,927 |
31.6% |
| Fixed & Other Assets |
|
3,843 |
13.6% |
| Total Assets |
|
28,206 |
100.0% |
| Current Liabilities |
|
6,324 |
22.4% |
| LT Debt |
|
2,350 |
8.3% |
| Other Liabilities |
|
217 |
0.8% |
| Total Liabilities |
|
8,890 |
31.5% |
| Total Shareholders'
Equity |
|
19,316 |
65.5% |
|
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VIA PR Contacts
Note to reporters, editors and writers: VIA is
spelled in ALL CAPS.
All product or service names mentioned herein are
the trademarks of their respective owners.
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