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)
|