Taipei, Taiwan, 4 May 2008 – VIA Technologies, Inc, a leading innovator of power efficient x86 processor platforms, today announced financial results for the first quarter of 2009.
Net sales for 1Q’09 were NT$ 1,282 million, compared to 1Q’08 sales of NT$ 2,683million. Net income for the two quarters were negative NT$ 227 million and negative NT$ 481 million respectively; based on the weighted average shares outstanding of 1,291.517 million shares and 1,309,237 million shares, earnings per share were reported as negative NT$0.18 for 1Q’09, up from negative NT$0.37 for the same period last year.
Quarterly Income Statements
|(in NTD millions, except EPS)||Amount||%||Amount||%|
|Cost of Goods Sold||-765||-59.70%||(3,037)||-76.80%|
|Income Before Tax||-207||-16.10%||(1,793)||-17.30%|
|Income Tax Credit (Expense)||-20||-1.60%||(76)||-0.70%|
|Cumulative Effect of Changes in Accounting Principles (Net of Tax)||0||0.00%||0||0.00%|
|EPS (1,291.517 M shares)||-$0.18||-$1.45|
About VIA Technologies, Inc.
VIA Technologies, Inc is the foremost fabless supplier of power efficient x86 processor platforms that are driving system innovation in the PC, client, ultra mobile and embedded markets. Combining energy-saving processors with digital media chipsets and advanced connectivity, multimedia and networking silicon enables a broad spectrum of computing and communication platforms, including its widely acclaimed ultra compact mainboards. Headquartered in Taipei, Taiwan, VIA’s global network links the high tech centers of the US, Europe and Asia, and its customer base includes the world’s top OEMs and system integrators. www.via.com.tw