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VIA announced financial results for third quarter 2005

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31.10.2005 - VIA announced financial results for third quarter 2005

Taipei, Taiwan, 31st October 2005 - VIA Technologies, Inc, a leading innovator and developer of silicon chip technologies and PC platform solutions, today announced financial results for third quarter 2005.

Net sales for 3Q'05 were NT$4,901 million, and net loss was NT$167 million. Based on the current weighted average shares outstanding of 1,279.067 million shares, earnings per share were reported as negative NT$0.13.

Income Statements

3Q05

1Q05-3Q05

(in NT D millions, except EPS ) Amount % Amount %
Net Revenue 4,901 100.0% 12,459 100.0%
Cost of Goods Sold - 3,737 -76.2% - 9,677 -77.7%
Gross Profit 1,164 23.8% 2,782 22.3%
Operating Expenses - 1,156 -23.6% - 3,370 -27.0%
Operating Profit 8 -0.2% -588 -4.7%
Non-Operating Income 436 8.9% 1,368 11.0%
Non-Operating Expenses -610 -12.4% - 1,424 -11.4%
Income Before Tax -166 -3.4% - 644 -5.1%
Income Tax Credit (Expense) -1 0.0% 5 0.0%
Net Income -167 -3.4% -640 -5.1%
EPS ( 1 ,279.067 M shares ) -$0.13 -$0.50


Balance Sheet
(in NT D millions ) Sept 30, 2005
Amount %
Cash & ST Investment 6,480 27.4%
Receivables 3,216 13.6%
Inventory 3,480 14.7%
Other Current Assets 625 2.6%
Total Current Assets 13,801 58.3%
LT Investment 6,955 29.4%
Fixed & Other Assets 2,898 12.3%
Total Assets 23,654 100.0%
Current Liabilities 6,269 26.5%
LT Debt 2,127 9.0%
Other Liabilities 360 1.5%
Total Liabilities 8,756 37.0%
Total Shareholders' Equity 14,898 63.0%




News Source: VIA Press Release
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