Siliconware Precision Q2 Earnings Rise

(RTTNews) - Siliconware Precision Industries Co., Ltd. (SPIL) Wednesday posted higher earnings for the second quarter boosted by 24.6 percent revenue growth year-over-year.

The company's net income climbed to NT$3.37 billion or NT$ 1.08 per share from NT$ 1.74 billion or NT$0.56 per share last year. In terms of U.S dollars earnings amounted to $0.18 per ADS versus $0.09 per ADS a year ago.

Sales revenues rose 24.6 percent to NT$ 21.92 billion, from NT$601.5 million in the year-ago quarter. Revenues from IC packaging were NT$ 19.43 billion and represented 88 percent of total net revenues.