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) 
             |