Hsinchu Science Park, Taiwan, February 1st, 2008 – Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today announced its financial results of 4th quarter in 2007. The sales from January to December in 2007 totaled NT$9,214 million, which declined 46% comparing with the same period in 2006 due to the spin-off last year. The gross margin was improved to 42.5% while gross margin in the same period last year was 33.5%. The net profit from January to December in 2007 was NT$2,062 million, and the earning per share was NT$3.7 based on the outstanding 556,750,438 shares on December 31st, 2007.
The net sales of 4Q'07 was NT$2,076 million, which grew 0.04% comparing with 3Q'07. The gross margin in 4Q'07 was 38%. The net profit in 4Q'07 was NT$169 million and the earning per share in 4Q'07 was NT$0.3 based on the outstanding 556,750,438 shares on December 31st, 2007.
(in NT$ thousand) |
Jan.-Dec.'07 |
Jan.-Dec.'06 |
YoY |
||
Net Sales |
9,214,059 |
100.0% |
17,076,426 |
100.0% |
-46.0% |
Gross Margin |
3,912,226 |
42.5% |
5,727,373 |
33.5% |
-31.7% |
Operating Income |
1,606,196 |
17.4% |
2,175,746 |
12.7% |
-26.2% |
Net Income |
2,061,502 |
22.4% |
2,972,695 |
17.4% |
-30.7% |
EPS (NT$) * Based on outstanding 556,750,438 shares on 2007/12/31 |
3.70 |
5.34 |
|
(in NT$ thousand) |
4Q'07 |
3Q'07 |
QoQ |
||
Net Sales |
2,075,767 |
100.0% |
2,074,998 |
100.0% |
0.0% |
Gross Margin |
788,409 |
38.0% |
860,942 |
41.5% |
-8.4% |
Operating Income |
159,592 |
7.7% |
231,034 |
11.1% |
-30.9% |
Net Income |
169,031 |
8.1% |
696,105 |
33.6% |
-75.7% |
EPS (NT$) * Based on outstanding 556,750,438 shares on 2007/12/31 |
0.30 |
1.25 |
|
(in NT$ thousand) |
4Q'07 |
4Q'06 |
YoY |
||
Net Sales |
2,075,767 |
100.0% |
3,325,440 |
100.0% |
-37.6% |
Gross Margin |
788,409 |
38.0% |
1,220,473 |
36.7% |
-35.4% |
Operating Income |
159,592 |
7.7% |
362,105 |
10.9% |
-55.9% |
Net Income |
169,031 |
8.1% |
346,518 |
10.4% |
-51.2% |
EPS (NT$) * Based on outstanding 556,750,438 shares on 2007/12/31 |
0.30 |
0.62 |
|
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.