D-Link 2008 Q1 Results

2008-04-29

● First quarter 2008 net revenue was NT$8,493mln, up 13.0% YoY but down 4.4% QoQ. ● First quarter 2008 gross margin was 33.7%, up by 1.1% from 32.6% in 4Q07. ● First quarter 2008 operating margin was 5.6%, up by 0.8% from 4.8% in 4Q07. ● First quarter 2008 tax rate was 13.9% of PBT, compared to 18.6% in 4Q07. ● First quarter 2008 net income was NT$371mln, down by 39.2% from NT$610mln in 4Q07 due mainly to decrease in non-operating profit. ● First quarter 2008 EPS, on average weighted capital of NT$5,471mln, was NT$0.68, compared to NT$1.11 per share in 4Q07. ● All of the figures of 1Q08 are pro forma.