|
News Release
VIA Announces 4Q'05 and 1Q'06 Results
Taipei, Taiwan, 28 April 2006 - VIA Technologies, Inc, a leading innovator and developer of silicon chip technologies and PC platform solutions, today announced financial results for fourth quarter 2005 and first quarter 2006.
Net sales for 4Q'05 and 1Q'06 were NT$ 6,734 million and NT$ 7,005 million respectively. Net income for the two quarters were NT$ 765 million and NT$ 1,357 million respectively; based on the weight average shares outstanding, earnings per share were reported as NT$0.60 and NT$1.06 for 4Q'05 and 1Q'06 respectively..
For the whole year 2005, net sales totaled NT$ 19,193 million and net income for the year were NT$ 126 million; based on 1,296.067 million weight average shares outstanding, earnings per share for the year were reported at NT$0.10.
Quarterly Income Statements
|
|
4Q05 |
|
4Q04 |
(in NTD millions, except EPS) |
|
Amount |
% |
|
Amount |
% |
Net Revenue |
|
6,734 |
100.0% |
|
4,964 |
100.0% |
Cost of Goods Sold |
|
(4,773) |
-70.9% |
|
(3,782) |
-76.2% |
Gross Profit |
|
1,961 |
29.1% |
|
1,182 |
23.8% |
Operating Expenses |
|
(1,394) |
-20.7% |
|
(1,178) |
-23.7% |
Operating Profit |
|
567 |
8.4% |
|
4 |
0.1% |
Non-Operating Income |
|
646 |
9.6% |
|
115 |
2.3% |
Non-Operating Expenses |
|
(430) |
-6.4% |
|
(3,289) |
-66.2% |
Income Before Tax |
|
783 |
11.6% |
|
(3,170) |
-63.8% |
Income Tax Credit (Expense) |
|
(18) |
-0.2% |
|
(138) |
-2.8% |
Net Income |
|
765 |
11.4% |
|
(3,308) |
-66.6% |
EPS (1,296.067 M shares) |
|
$0.60 |
|
|
-$2.55 |
|
|
|
1Q06 |
|
1Q05 |
(in NTD millions, except EPS) |
|
Amount |
% |
|
Amount |
% |
Net Revenue |
|
7,005 |
100.0% |
|
3,899 |
100.0% |
Cost of Goods Sold |
|
(4,871) |
-69.5% |
|
(3,062) |
-78.5% |
Gross Profit |
|
2,134 |
30.5% |
|
837 |
21.5% |
Operating Expenses |
|
(1,557) |
-22.2% |
|
(1,075) |
-27.6% |
Operating Profit |
|
577 |
8.2% |
|
(238) |
-6.1% |
Non-Operating Income |
|
1,122 |
16.0% |
|
769 |
19.7% |
Non-Operating Expenses |
|
(282) |
-4.0% |
|
(467) |
-12.0% |
Income Before Tax |
|
1,417 |
20.2% |
|
64 |
1.6% |
Income Tax Credit (Expense) |
|
(60) |
-0.9% |
|
0 |
0.0% |
Cumumlative Effect of Changes in Accounting Principles (Net of Tax) |
|
(0) |
0.0% |
|
- |
- |
Net Income |
|
1,357 |
19.4% |
|
64 |
1.6% |
EPS (1,296.067 M shares) |
|
$1.06 |
|
|
$0.05 |
|
Annual Income Statements
|
|
2005 Full Year |
|
2004 Full Year |
(in NTD millions, except EPS) |
|
Amount |
% |
|
Amount |
% |
Net Revenue |
|
19,193 |
100.0% |
|
19,449 |
100.0% |
Cost of Goods Sold |
|
(14,450) |
-75.3% |
|
(14,061) |
-72.3% |
Gross Profit |
|
4,743 |
24.7% |
|
5,388 |
27.7% |
Operating Expenses |
|
(4,764) |
-24.8% |
|
(4,820) |
-24.8% |
Operating Profit |
|
(21) |
-0.1% |
|
568 |
2.9% |
Non-Operating Income |
|
2,014 |
10.5% |
|
880 |
4.5% |
Non-Operating Expenses |
|
(1,854) |
-9.7% |
|
(6,351) |
-32.6% |
Income Before Tax |
|
139 |
0.7% |
|
(4,903) |
-25.2% |
Income Tax Credit (Expense) |
|
(13) |
-0.1% |
|
(78) |
-0.4% |
Net Income |
|
126 |
0.6% |
|
(4,981) |
-25.6% |
EPS (1,296.067 M shares) |
|
$0.10 |
|
|
($3.84) |
|
Balance Sheet
(in NTD, millions) |
|
Dec. 31, 2005 |
|
Mar. 31, 2006 |
|
|
Amount |
% |
|
Amount |
% |
Cash & Investment in Marketable
Financial Instruments |
|
7,500 |
28.0% |
|
8,217 |
27.6% |
Receivables |
|
3,733 |
13.9% |
|
3,737 |
12.5% |
Inventory |
|
4,336 |
16.2% |
|
5,477 |
18.4% |
Other Current Assets |
|
681 |
2.6% |
|
787 |
2.6% |
Total Current Assets |
|
16,250 |
60.7% |
|
18,218 |
61.1% |
LT Investment |
|
7,027 |
26.2% |
|
8,241 |
27.7% |
Fixed & Other Assets |
|
3,502 |
13.1% |
|
3,346 |
11.2% |
Total Assets |
|
26,779 |
100.0% |
|
29,805 |
100.0% |
Current Liabilities |
|
8,758 |
32.7% |
|
9,699 |
32.5% |
LT Debt |
|
2,071 |
7.8% |
|
2,316 |
7.8% |
Other Liabilities |
|
330 |
1.2% |
|
748 |
2.5% |
Total Liabilities |
|
11,159 |
41.7% |
|
12,763 |
42.8% |
Total Shareholders' Equity |
|
15,620 |
58.3% |
|
17,042 |
57.2% |
About VIA Technologies, Inc.
VIA Technologies, Inc. (TSE 2388) is the foremost fabless supplier of market-leading core logic chipsets, low power x86 processors, advanced connectivity, multimedia, networking and storage silicon, and complete platform solutions that are driving system innovation in the PC and embedded markets. Headquartered in Taipei, Taiwan, VIA's global network links the high tech centers of the US, Europe and Asia, and its customer base includes the world’s top OEMs, motherboard vendors and system integrators. www.via.com.tw
Note to reporters, editors and
writers: VIA is written in ALL CAPS.
All product or service names
mentioned herein are the trademarks
of their respective owners. |
|
Print page
E-mail page
