Siliconware Precision Industries Reports 26% Revenues Growth and EPS of NT $ 1.53 or EPADS of US $ 0.23 for 4Q 2005
biz.yahoo.com
Thursday February 9, 12:35 am ET
TAICHUNG, Taiwan, Feb. 9 /Xinhua-PRNewswire-FirstCall/ -- Siliconware Precision Industries Co., Ltd. ("SPIL" or the "Company") (TAIEX: 2325; Nasdaq: SPIL) today announced that its sales revenues for 4Q 2005 was NT$ 14,526 million, representing 26.0% increase QoQ and 59.6% increase compared to the same period of year 2004.
SPIL reported a net income of NT$ 3,617 million in 4Q 2005, compared with a net income of NT$ 2,131 million in 3Q 2005 and a net income of NT$ 336 million in 4Q 2004.
SPIL reported its sales revenue for the full-year period ended Dec 31, 2005 were NT$ 43,078 million, up 23.0 % compared to the same period of 2004.
For the full-year period ended Dec 31, 2005 net income was NT$ 8,236 million, compared with a net income of NT$ 4,282 million for the same period of 2004.
Unconsolidated 4Q 2005 Financial Results
-- Net revenue was NT$ 14,526 million, of which NT$ 13,265 million was
from assembly business and NT$ 1,261 million was from testing
business.
-- Cost of goods sold was NT$ 10,369 million, and gross profit was
NT$ 4,157 million, representing a gross margin of 28.6%.
-- Operating expenses were NT$ 627 million, including selling expenses of
NT$ 169 million, administrative expenses of NT$ 211 million, and R& D
expenses of NT$ 247 million. Operating profit was NT$ 3,530 million,
representing an operating margin of 24.3% vs 17.8% in 3Q 2005.
-- Net interest income for this quarter was NT$ 34 million.
-- Net income was NT$ 3,617 million, compared with a net income of
NT$ 2,131 million in 3Q 2005.
-- Earnings per ordinary share for this quarter was NT$ 1.53, or earnings
per ADS of US$ 0.23. Total weighted average outstanding shares for 4Q
2005 were 2,364,282 thousand shares.
Capital Expenditure
-- Capital spending in 4Q 2005 totaled NT$ 2,894 million, in which
NT$ 2,528 million were spent on assembly equipment, and
NT$ 366 million were spent on testing equipment.
-- The depreciation expenses in 4Q 2005 were NT$ 1,558 million, in which
NT$ 1,009 million were from assembly business and NT$ 549 million were
from testing business.
Assembly Operation
-- BGA revenues accounted for 47% of total revenues, up from 42% in
previous quarter; wafer bumping and FCBGA accounted for 12%, remaining
flat from 12% in previous quarter; QFP revenues accounted for 18%,
down from 21% in previous quarter; and SO revenues accounted for 7%,
down from 9% in previous quarter. Testing service generated 9% of
total revenues in 4Q 2005.
-- The average assembly utilization rate was 100% in 4Q 2005.
Testing Operation
-- The average testing utilization rate was 96% in 4Q 2005. |
