Sunplus Announces 2019Q2 Consolidated Financial Results
Issued Date: August 13, 2019
Hsinchu Science Park, Taiwan, August 13, 2019 - Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD) today announced its second quarter consolidated financial results in 2019. The consolidated net sales from April to June in 2019 totaled NT$1,532 million. The second quarter consolidated net income attributable to shareholders of the parent in 2019 were NT$6 million.
The consolidated net sales from January to June in 2019 totaled NT$ 2,711 million. The consolidated net income from January to June in 2019 attributable to shareholders of the parent were NT$ 13 million.
Unit: NT$K, Except EPS |
2019 Q2 |
2018 Q2 |
YoY% |
Net sales |
$1,531,751 |
$1,798,653 |
(14.84) |
Cost |
886,112 |
1,103,192 |
(19.68) |
Gross Profit |
645,639 |
695,461 |
(7.16) |
Marketing Expense |
69,958 |
80,377 |
(12.96) |
General& Administrative Expense |
124,620 |
124,963 |
(0.27) |
R&D Expenses |
378,845 |
466,936 |
(18.87) |
Expected credit losses |
211 |
- |
- |
Other operating income(Expense) |
100 |
6 |
1566.67 |
Total operating income (expense) |
72,105 |
23,191 |
210.92 |
Total non-operating income (expense) |
16,604 |
35,682 |
(53.47) |
Income(loss) before income tax |
88,709 |
58,873 |
50.68 |
Income tax expense |
17,576 |
23,663 |
(25.72) |
Consolidated Net Income |
71,133 |
35,210 |
102.02 |
Consolidated Net Income(loss) |
$6,229 |
($24,600) |
(125.32) |
Consolidated Earnings Per Share NT$ Attributable To Shareholders of the parent* |
$0.01 |
($0.04) |
|
Unit: NT$K, Except EPS |
2019 H1 |
2018 H1 |
YoY% |
Net sales |
$2,711,351 |
$3,228,232 |
(16.01) |
Cost |
1,561,135 |
1,983,518 |
(21.29) |
Gross Profit |
1,150,216 |
1,244,714 |
(7.59) |
Marketing Expense |
137,333 |
154,732 |
(11.24) |
General& Administrative Expense |
247,929 |
269,349 |
(7.95) |
R&D Expenses |
736,339 |
920,865 |
(20.04) |
Expected credit losses |
211 |
- |
- |
Other operating income(Expense) |
143 |
15 |
853.33 |
Total operating income (expense) |
28,547 |
(100,217) |
(128.49) |
Total non-operating income (expense) |
96,495 |
182,270 |
(47.06) |
Income(loss) before income tax |
125,042 |
82,053 |
52.39 |
Income tax expense |
25,560 |
31,117 |
(17.86) |
Consolidated Net Income |
99,482 |
50,936 |
95.31 |
Consolidated Net Income(loss) |
$13,332 |
($13,791) |
(196.67) |
Consolidated Earnings Per Share NT$ Attributable To Shareholders of the parent* |
$0.02 |
($0.02) |
|
Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD), established in 1990, is a leading chip provider for multimedia and automotive applications such as DVD player, portable DVD player, home entertainment audio products, car infotainment and advanced driving assistance system(ADAS). Meanwhile Sunplus is offering high-speed I/O IP, high performance data conversion IP, and analog IP for a broad range of applications on consumer, portable, and connected devices for Sunplus has been accumulating strong IP technologies on consumer and multimedia segments. Sunplus is headquartered in Taiwan and has service offices in Shanghai, Shenzhen and Chengdu. For more information, please visit Sunplus website at www.sunplus.com.