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)
|
About Sunplus
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.
Sunplus Contact
Spokesperson
Wayne ShenVice President
+886-3-5786005#2350
wayne@sunplus.com
Deputy Spokesperson
Joseph ChuangAdministration Div. Director
+886-3-5786005#3120
pr@sunplus.com
