Siliconware Precision Industries Reports 1.5% Revenues Sequential Growth and EPS of NT$ 1.44 or EPADS of US$ 0.22 for
2Q 2006
biz.yahoo.com
Wednesday July 26, 1:35 am ET
TAICHUNG, Taiwan, July 26 /Xinhua-PRNewswire-FirstCall/ -- Siliconware Precision Industries Co., Ltd. ("SPIL" or the "Company")(TAIEX: 2325; Nasdaq: SPIL) today announced that its sales revenues for 2Q 2006 was NT$ 13,640 million, representing 1.5% sequential growth QoQ and 50.9% growth compared to the same period of year 2005.
SPIL reported a net income of NT$ 3,492 million in 2Q 2006, compared with a net income of NT$ 2,824 million in 1Q 2006 and a net income of NT$ 1,292 million in 2Q 2005.
SPIL reported its sales revenues for the first six-month period ended June 30, 2006 were NT$ 27,080 million, up 59.1% compared to the same period of year 2005.
For the first six-month ended June 30, 2006 net income was NT$ 6,316 million, compared with a net income of NT$ 2,488 million for the same period of year 2005.
Unconsolidated 2Q 2006 Financial Results
-- Net revenue was NT$ 13,640 million, in which NT$ 12,548 million was
from assembly business and NT$ 1,092 million was from testing
business.
-- Cost of goods sold was NT$ 10,125 million, and gross profit was
NT$ 3,515 million, representing a gross margin of 25.8%.
-- Operating expenses were NT$ 695 million, including selling expenses
of NT$ 188 million, administrative expenses of NT$ 245 million,
and R&D expenses of NT$ 262 million. Operating profit was
NT$ 2,820 million, representing an operating margin of 20.7%.
-- The Company recognized an investment income of NT$ 408 million attributable to the operating results from ChipMOS Technologies for
the six-month period ended June 30, 2006. Investment incomes in
this quarter also included cash dividends of NT$ 130 million and
NT$ 60 million from Phoenix Precision Technology and KYEC
Electronics, respectively.
-- Net interest income for this quarter was NT$ 62 million.
-- Net income was NT$ 3,492 million.
-- Earnings per ordinary share for this quarter was NT$ 1.44, or
earnings per ADS of US$ 0.22. Total weighted average outstanding
ordinary shares for 2Q 2006 were 2,413 million shares.
Capital Expenditure
-- Capital expenditure in 2Q 2006 totaled NT$ 2,833 million, in which
NT$ 2,073 million were spent on assembly equipment, and
NT$ 760 million were spent on testing equipment.
-- The depreciation expenses in 2Q 2006 were NT$ 1,632 million, in
which NT$ 1,138 million were from assembly business and
NT$ 494 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 10%, down from 12% in previous quarter; leadframe
products revenues accounted for 29%, up from 27% in previous
quarter. Testing service generated 8% of total revenues in 2Q 2006. |
