VIA Announces 2Q’05/1H’05 Results

Taipei, Taiwan, 31 August 2005 – VIA Technologies, Inc., a leading innovator and developer of silicon chip technologies and PC platform solutions, today announced financial results for second quarter 2005.

Net sales for 2Q’05 were NT$3,659 million. Net loss was NT$536 million; based on weighted average shares outstanding of 1,279.067 million shares, earnings per share were reported as negative NT$0.42.

For the first half of the year, net sales totaled NT$7,558 million. Net loss was NT$473 million; based on weighted average shares outstanding of 1,279.067 million shares, earnings per share for the first half of the year were reported at negative NT$0.37.

Income Statements

2Q’05

1H’05

(in NT D millions, except EPS ) Amount % Amount %
Net Revenue 3,65 9 100.0% 7,558 100.0%
Cost of Goods Sold -2,878 -78.7% -5,940 -78.6%
    Gross Profit 781 21.3% 1,618 21.4%
Operating Expenses -1,139 -31.1% -2,214 -29.3%
    Operating Profit -358 -9.8% -596 -7.9%
Non-Operating Income 164 4.5% 932 12.3%
Non-Operating Expenses -347 -9.5% -814 -10.8%
    Income Before Tax -541 -14.8% -478 -6.3%
Income Tax Credit (Expense) 5 0.1% 5 0.1%
Net Income -536 -14.7% -473 -6.3%
EPS ( 1 ,279.067 M shares ) -$0.42 -$0.37

Balance Sheet

(in NT D millions ) June 30, 2005
Amount %
Cash & ST Investment 6,601 30.0%
Receivables 1,959 8.9%
Inventory 3,233 14.7%
Other Current Assets 523 2.4%
    Total Current Assets 12,316 55.9%
LT Investment 6,660 30.2%
Fixed & Other Assets 3,051 13.8%
    Total Assets 22,027 100.0%
Current Liabilities 4,734 21.5%
LT Debt 2,183 9.9%
Other Liabilities 316 1.4%
    Total Liabilities 7,233 32.8%
    Total Shareholders’ Equity 14,794 67.2%

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VIA Technologies, Inc.