Press Release
2012.08.15
Sunplus Announces 2012Q2 Financial Results

Hsinchu Science Park, Taiwan, August 15th, 2012 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today announced its second quarter financial results in 2012. The net sales from April to June in 2012 totaled NT$868 million, an increase of 18.7% compared to last quarter and a decrease of 16.1% compared to the same period in 2011. Due to the product mix, the gross margin for the second quarter in 2012 was up to 39.08% against 34.03% of last quarter. The operating loss for the second quarter in 2012 totaled NT$68 million, but with gains on nonoperating income, the net income after tax for second quarter in 2012 totaled NT$27 million. The net income after tax per share was NT$0.05 based on the outstanding 596,909,919 shares on June 30th, 2012.

The non-operating income and expenses for the second quarter in 2012 included administrative, support and rental revenue of NT$5 million, long-term investment gain by the equity-method of NT$76 million, foreign exchange gain of NT$4 million, and etc..

The net sales from January to June in 2012 totaled NT$1,599 million, a decrease of 22.7% compared to the same period in 2011. The gross margin for the first half in 2012 was 36.77%. The net loss from January to June in 2012 totaled NT$145 million, and the net loss after tax per share was NT$0.25 based on the outstanding 596,909,919 shares on June 30th, 2012.

The non-operating income and expenses for the first half in 2012 included disposal gain of NT$2 million, administrative, support and rental revenue of NT$13 million, long-term investment gain by the equity-method of NT$17 million, foreign exchange loss of NT$7 million, and etc..

Unit: NT$K
(except for EPS)
2012Q2
2011Q2
YoY (decline)%
2012Q1
QoQ (decline)%
Net Sales
867,886
1,034,855
(16.1)
731,297
18.7
Gross Margin
339,172
353,579
(4.1)
248,875
36.3
Operating Income (Loss)
(68,042)
(20,862)
226.2
(113,622)
(40.1)
Net Income (Loss)
26,964
58,683
(54.1)
(172,211)
(115.7)
EPS* in NT$ (Loss)
0.05
0.10
 
(0.29)
 

Unit: NT$K, except for EPS

1H2012

1H2011

YoY% (decline)
Net Sales
1,599,184
2,068,574
(22.7)
Gross Margin
588,046
649,593
(9.5)
Operating Income (Loss)
(181,664)
(117,122)
55.1
Net Income (Loss)
(145,247)
(93,850)
54.8
EPS* in NT$ (Loss)
(0.25)
(0.16)
 
* Based on outstanding 596,909,919 shares on 2012/06/30