Though enjoying only a moderate sales increase for the first quarter, Gigabyte Technology on April 30 reported the highest year-on-year growth in profits, reaching over 25%, among the four first-tier motherboard makers.
Bolstered by a margin of 20.8%, also the highest among the top four companies, Gigabyte posted first-quarter pre-tax profits of NT$1.34 billion, ranking second to Asustek Computer. Boosted by the performance, the company surpassed the other three manufacturers with an EPS of NT$2.21.
Along with the release, the company also announced that it will issue a NT$3 dividend for its 2002 earnings, including a NT$2.5 cash dividend and a NT$0.5 stock dividend.
|
First-tier mobo makers: 1Q 2003 financial performance (update) | ||||||||||
|
|
Revenues |
Pre-tax profits |
Net profits |
Gross margin |
EPS | |||||
|
1Q 2003 |
Y/Y |
1Q 2003 |
Y/Y |
1Q 2003 |
Y/Y |
1Q 2003 |
1Q 2002 |
1Q 2003 |
1Q 2002 | |
|
Asustek |
16,730* |
(17.8%) |
3,445 |
20% |
3,344 |
10.6% |
19 |
16.1 |
1.67 |
1.53 |
|
ECS |
16,319 |
2.5% |
387 |
(63.7%) |
332 |
(61.4%) |
5.7 |
10.5 |
0.77 |
1.99 |
|
MSI |
16,870 |
26.1% |
1,269 |
13.2% |
1,184 |
11.1% |
12.8 |
12.9 |
2.13 |
1.94 |
|
Gigabyte |
8,396 |
16.2% |
1,340 |
31.2% |
1,216 |
25% |
20.8 |
20.4 |
2.21 |
1.94 |
Source: companies, compiled by DigiTimes, May 2003.
*Figure excludes results contributed by China holding company.
|
First-tier mobo makers: Dividends for 2002 earnings | ||||
|
|
Per share dividend for |
Per share dividend for | ||
|
Stock (shares) |
Cash (NT$) |
Stock (shares) |
Cash (NT$) | |
|
Asustek |
1.25 |
1.25 |
0 |
4 |
|
ECS |
3 |
1 |
5 |
0.5 |
|
MSI |
1.5 |
1 |
3.5 |
1 |
|
Gigabyte |
0.5 |
2.5 |
1.5 |
2.5 |
Source: companies, compiled by DigiTimes, May 2003.
Article translated by Christy Lee and edited by Richard So
