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News Release
VIA Announces 3Q'06 Results
Taipei, Taiwan, 31 October 2006 - VIA Technologies, Inc., a leading innovator and developer of silicon chip technologies and PC platform solutions, today announced financial results for third quarter 2006.
Net sales for 3Q'06 were NT$4,685 million, and the net loss was NT$647 million; based on diluted weighted average shares outstanding of 1,287.058 million shares, earnings per share were reported as negative NT$0.50.
For the first three quarters of the year, net sales totaled NT$17,684 million with net gain of NT$714 million; based on weighted average shares outstanding of 1,287.058 million shares, earnings per share for the first three quarters of the year were reported at NT$0.55.
Income Statements
|
|
3Q'06 |
|
1Q'06-3Q'06 |
| (in NTD millions, except EPS) |
|
Amount |
% |
|
Amount |
% |
| Net Revenue |
|
4,685 |
100.0% |
|
17,684 |
100.0% |
| Cost of Goods Sold |
|
(3,812) |
-81.4% |
|
(12,988) |
-73.4% |
| Gross Profit |
|
873 |
18.6% |
|
4,696 |
26.6% |
| Operating Expenses |
|
(1,187) |
-25.3% |
|
(3,965) |
-22.4% |
| Operating Profit |
|
(314) |
-6.7% |
|
731 |
4.1% |
| Non-Operating Income |
|
(146) |
-3.1% |
|
628 |
3.6% |
| Non-Operating Expenses |
|
(130) |
-2.8% |
|
(520) |
-2.9% |
| Income Before Tax |
|
(590) |
-12.6% |
|
839 |
4.7% |
| Income Tax Credit (Expense) |
|
(57) |
-1.2% |
|
(125) |
-0.7% |
| Cumulative Effect of Changes in Accounting Principles(Net of Tax) |
|
0 |
0.0% |
|
(0) |
0.0% |
| Net Income |
|
(647) |
-13.8% |
|
714 |
4.0% |
| EPS (1,287.058M shares) |
|
-$0.50 |
|
|
0.55 |
|
*Diluted Shares Outstanding:1,287.058M; Basic Shares Outstanding:1,283.48M.
Balance Sheet
| (in NTD millions) |
|
September 30, 2006 |
|
September 30, 2005 |
|
|
Amount |
% |
|
Amount |
% |
| Cash & Cash Equivalents |
|
5,499 |
22.3% |
|
6,478 |
27.4% |
| Investment in Marketable Financial Instruments |
|
6 |
0.0% |
|
9 |
0.0% |
| Receivables |
|
2,954 |
12.0% |
|
3,216 |
13.6% |
| Inventory |
|
4,612 |
18.7% |
|
3,480 |
14.7% |
| Other Current Assets |
|
762 |
3.1% |
|
625 |
2.6% |
| Total Current Assets |
|
13,833 |
56.0% |
|
13,808 |
58.4% |
| LT Investment |
|
7,730 |
31.3% |
|
6,948 |
29.4% |
| Fixed & Other Assets |
|
3,153 |
12.8% |
|
2,898 |
12.3% |
| Total Assets |
|
24,716 |
100.0% |
|
23,654 |
100.0% |
| Current Liabilities |
|
5,157 |
20.9% |
|
6,269 |
26.5% |
LT Debt |
|
2,205 |
8.9% |
|
2,127 |
9.0% |
Other Liabilities |
|
782 |
3.2% |
|
360 |
1.5% |
Total Liabilities |
|
8,144 |
32.9% |
|
8,756 |
37.0% |
| Total Shareholders' Equity |
|
16,572 |
67.1% |
|
14,898 |
63.0% |
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. |
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