Press Release
2011.07.27
Sunplus Announces 1H 2011 Financial Results
Hsinchu Science Park, Taiwan, July 27th, 2011 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today announced its second quarter financial results in 2011. The net sales from April to June in 2011 totaled NT$1,035 million, a decrease of 41.2% compared to the same period in 2010. Due to the product mix, the gross margin for the second quarter of 2011 was up to 34.2% against 28.6% of last quarter. The net income after tax from April to June in 2011 totaled NT$59 million, and the net profit after tax per share was NT$0.10 based on the outstanding 596,909,919 shares on June 30th, 2011.

The first half net sales in 2011 totaled NT$2,069 million, a decrease of 39.6% compared to the same period in 2010. The gross margin of the first half in 2011 was 31.4%. Affected by the net loss of the first quarter in 2011, the net loss after tax from January through June in 2011 totaled NT$94 million, and the net loss per share was NT$0.16 based on the outstanding 596,909,919 shares on June 30th, 2011.

Unit: NT$K, except for EPS
2011Q2*

2010Q2

YoY%
(decline)
2011Q1
QoQ%
(decline)
Net Sales
1,034,855
1,760,795
(41.2)
1,033,719
0.1
Gross Margin
353,579
677,971
(47.8)
296,014
19.4
Operating Income (Loss)
(20,862)
184,050
(111.3)
(96,261)
(78.3)
Net Income (Loss)
58,683
251,525
(76.7)
(152,535)
(138.5)
EPS** in NT$ (Loss)
0.10
0.42
 
(0.26)
 

Unit: NT$K, except for EPS

1H2011*

1H2010

YoY%
(decline)
Net Sales
2,068,574
3,425,825
(39.6)
Gross Margin
649,593
1,285,580
(49.5)
Operating Income (Loss)
(117,122)
317,789
(136.9)
Net Income (Loss)
(93,850)
560,230
(116.8)
EPS** in NT$ (Loss)
(0.16)
0.94
 

*Important Note: Figures not audited yet
** Based on outstanding 596,909,919 shares on 2011/06/30