SINGAPORE: Computer audio equipment giant Creative Technology Ltd has posted a higher-than-expected second-quarter profit as sales of its MP3 player and digital cameras surged during the 2003 year-end holidays.
For the three months to Dec 31, 2003, the Singapore-based company known for its Sound Blaster sound cards and Nomad JukeBox digital music players unveiled a net profit of US$29.2mil, up 55% from US$18.9mil a year earlier. Including a tax write-back, its fiscal second-quarter net profit rose to US$41.5mil.