Press Release
2024.11.11
Sunplus Announces 2024Q3 Consolidated Financial Result


Sunplus Announces 2024Q3 Consolidated Financial Results

                                                                                                                                                

Issued Date: November 11, 2024

Hsinchu Science Park, Taiwan, November 11, 2024 - Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD) today announced its third quarter consolidated financial results in 2024.  The consolidated net sales from July to September in 2024 totaled NT$ 1,787 million.  The third quarter consolidated net income attributable to shareholders of the parent in 2024 were NT$ 9 million.
The consolidated net sales from January to September in 2024 totaled NT$ 4,921 million.  The consolidated net income from January to September in 2024 attributable to shareholders of the parent were NT$ 243 million.

Unit: NT$K, Except EPS

2024

Q3

2023

Q3

YoY%

Net sales

$1,786,548

$1,545,595

15.59

Cost

912,322

835,416

9.21

Gross Profit

874,226

710,179

23.10

  Marketing Expense

61,021

49,551

23.15

  General& Administrative Expense

137,406

127,647

7.65

R&D Expenses

540,100

544,855

(0.87)

Expected credit (gain) losses

-

-

-

Other operating income(Expense)

20

36

(44.44)

Total operating income (expense)

135,719

(11,838)

(1,246.47)

Total non-operating income (expense)

24,411

100,175

(75.63)

Income(loss) before income tax

160,130

88,337

81.27

Income tax expense

58,208

54,480

6.84

Consolidated Net Income

101,922

33,857

201.04

Consolidated Net Income(loss)
Attributable To Shareholders of the parent

8,955

(52,795)

(116.96)

Consolidated Earnings Per Share NT$ Attributable To Shareholders of the parent*

$0.02

($0.09)

Unit: NT$K, Except EPS

2024

Jan.~Sep

2023

Jan.~Sep

YoY%

Net sales

$4,920,998

$4,157,423

18.37

Cost

2,518,729

2,213,116

13.81

Gross Profit

2,402,269

1,944,307

23.55

  Marketing Expense

269,228

144,351

86.51

  General& Administrative Expense

379,702

380,647

(0.25)

R&D Expenses

1,535,562

1,560,931

(1.63)

Expected credit (gain) losses

-

-

-

Other operating income(Expense)

36

(687)

(105.24)

Total operating income (expense)

217,813

(142,309)

(291.00)

Total non-operating income (expense)

417,433

218,536

91.01

Income(loss) before income tax

635,246

76,227

733.36

Income tax expense

108,543

93,113

16.57

Consolidated Net Income(loss)

526,703

(16,886)

(3,219.17)

Consolidated Net Income(loss)
Attributable To Shareholders of the parent

243,387

(227,697)

(206.89)

Consolidated Earnings Per Share NT$ Attributable To Shareholders of the parent*

$0.41

($0.39)


* Based on outstanding 588,434,923 shares on 2024/09/30