Siliconware Precision Industries Reports 7.1% Revenues Sequential Growth and EPS of NT$ 1.16 or EPADS of US$ 0.17 for 3Q 2006
biz.yahoo.com
Wednesday October 25, 1:35 am ET
TAICHUNG, Taiwan, Oct. 25 /Xinhua-PRNewswire-FirstCall/ -- Siliconware Precision Industries Co., Ltd. ("SPIL" or the "Company")(TAIEX: 2325; Nasdaq: SPIL) today announced that its sales revenues for 3Q 2006 was NT$ 14,608 million, representing 7.1% sequential growth QoQ and 26.7% growth compared to the same period of year 2005.
SPIL reported a net income of NT$ 3,136 million in 3Q 2006, compared with a net income of NT$ 3,492 million in 2Q 2006 and a net income of NT$ 2,131 million in 3Q 2005.
SPIL reported its sales revenues for the first nine-month period ended September 30, 2006 were NT$ 41,688 million, up 46.0% compared to the same period of year 2005.
For the first nine-month ended September 30, 2006 net income was NT$ 9,452 million, compared with a net income of NT$ 4,619 million for the same period of year 2005.
Unconsolidated 3Q 2006 Financial Results
-- Net revenue was NT$ 14,608 million, in which NT$ 13,298 million was
from assembly business and NT$ 1,310 million was from testing business.
-- Cost of goods sold was NT$ 10,643 million, and gross profit was NT$
3,965 million, representing a gross margin of 27.1%.
-- Operating expenses were NT$ 772 million, including selling expenses of
NT$ 216 million, administrative expenses of NT$ 241 million, and R& D
expenses of NT$ 315 million. Operating profit was NT$ 3,193 million,
representing an operating margin of 21.9%.
-- Net interest income for this quarter was NT$ 65 million.
-- Net income was NT$ 3,136 million.
-- Earnings per ordinary share for this quarter was NT$ 1.16, or earnings
per ADS of US$ 0.17. Total weighted average outstanding ordinary
shares for 3Q 2006 were 2,695 million shares.
Capital Expenditure
-- Capital expenditure in 3Q 2006 totaled NT$ 3,066 million, in which NT$
2,314 million were spent on assembly equipment, and NT$ 752 million
were spent on testing equipment.
-- The depreciation expenses in 3Q 2006 were NT$ 1,643 million, in which
NT$ 1,141 million were from assembly business and NT$ 502 million were
from testing business.
Assembly Operation
-- Substrate products revenues accounted for 50% of total revenues, remaining flat from previous quarter; wafer bumping and FCBGA accounted for 9%, down from 10% in previous quarter; leadframe products revenues
accounted for 30%, up from 29% in previous quarter. Testing service
generated 9% of total revenues in 3Q 2006. |
