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Technology Stocks : Siliconware Precision Industries Co., Ltd. (SPIL)
SPIL 8.590+0.1%Apr 17 5:00 PM EST

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From: JakeStraw8/2/2007 7:55:09 AM
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Siliconware Precision Industries Reports 10.8% Revenues Sequential Growth and EPS of NT$ 1.30 or EPADS of US$ 0.20 for 2Q 2007
biz.yahoo.com
Thursday August 2, 1:35 am ET

TAICHUNG, Taiwan, Aug. 2 /Xinhua-PRNewswire-FirstCall/ -- Siliconware Precision Industries Co., Ltd.(TAIEX: 2325; Nasdaq: SPIL) today announced that its sales revenues for 2Q 2007 was NT$ 15,233 million, representing 10.8% sequential growth QoQ and 11.7% growth compared to the same period of year 2006.

SPIL reported a net income of NT$ 3,830 million in 2Q 2007, compared with a net income of NT$ 3,833 million in 1Q 2007 and a net income of NT$ 3,492 million in 2Q 2006. SPIL reported its sales revenues for the six-month period ended June 30, 2007 were NT$ 28,984 million, up 7.0% compared to the same period of year 2006.

For the six-month period ended June 30, 2007 net income was NT$ 7,663 million, compared with a net income of NT$ 6,316 million for the same period of year 2006.

Diluted earnings per ordinary share for the six-month period ended June 30, 2007 was NT$ 2.62, or diluted earnings per ADS of US$ 0.40 .

Unconsolidated 2Q 2007 Financial Results

-- Net revenue was NT$ 15,233 million, in which NT$ 13,792 million was
from assembly business and NT$ 1,441 million was from testing business.
-- Cost of goods sold was NT$ 10,593 million, and gross profit was
NT$4,640 million, representing a gross margin of 30.5%.
-- Operating expenses were NT$ 804 million, including selling expenses of
NT$ 202 million, administrative expenses of NT$ 280 million, and R& D
expenses of NT$ 322 million. Operating profit was NT$ 3,836 million,
representing an operating margin of 25.2%.
-- Net income was NT$ 3,830 million.
-- Diluted earnings per ordinary share for this quarter was NT$ 1.30, or
diluted earnings per ADS of US$ 0.20. Total weighted average
outstanding ordinary shares-diluted for 2Q 2007 were 2,945 million
shares.
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