Hsinchu Science Park, Taiwan, February 27th, 2013 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today announced its fourth quarter financial results in 2012. The net sales from October to December in 2012 totaled NT$711 million, a decrease of 14.3% compared to last quarter and 14.1% compared to the same period in 2011. The gross margin for the fourth quarter in 2012 was down to 28.38% due to inventory loss of NT$30 million and lower net sales. The net loss after tax from October to December in 2012 totaled NT$534 million, and the net loss per share was NT$0.89 based on the outstanding 596,909,919 shares on December 31st, 2012.
Non-operating income of NT$33 million from October through December in 2012 included administrative, support and rental revenue of NT$6 million, disposal gain of NT$10 million and other gains. Non-operating expenses of NT$438 million from October through December in 2012 included long-term investment loss of NT$275 million, impairment loss on long-term investment of NT$152 million, foreign exchange loss of NT$1 million and other expenses.
The net sales from January through December in 2012 totaled NT$3,141 million, a decrease of 12.7% compared to the same period in 2011. The gross margin from January through December in 2012 was 34.84%. The net loss after tax from January through December in 2012 totaled NT$677 million, and the net loss per share was NT$1.13 based on the outstanding 596,909,919 shares on December 31st, 2012.
Non-operating income of NT$104 million from January through December in 2012 included administrative, support and rental revenue of NT$23 million, disposal gain of NT$13 million and other gains. Non-operating expenses of NT$403 million from January through December in 2012 included long-term investment loss of NT$200 million, impairment loss on long-term investment of NT$154 million, foreign exchange loss of NT$13 million and other expenses.
| Unit: NT$K, except for EPS |
2012Q4
|
2011Q4
|
YoY(Decline)
|
2012Q3
|
QoQ(Decline)
|
| Net Sales |
711,440
|
827,910
|
(14.1)%
|
830,537
|
(14.3)%
|
| Gross Margin |
201,911
|
172,167
|
17.3%
|
304,534
|
(33.7)%
|
| Operating Income (Loss) |
(129,131)
|
(186,685)
|
(30.8)%
|
(66,526)
|
94.1%
|
| Net Income (Loss) |
(533,861)
|
(1,341,895)
|
(60.2)%
|
2,138
|
(25070.1)%
|
| EPS* in NT$ (Loss) |
(0.89)
|
(2.25)
|
0.00
|
| Unit: NT$K, except for EPS |
2012
|
2011
|
YoY(Decline)
|
| Net Sales |
3,141,160
|
3,599,747
|
(12.7)%
|
| Gross Margin |
1,094,491
|
958,074
|
14.2%
|
| Operating Income (Loss) |
(377,320)
|
(554,981)
|
(32)%
|
| Net Income (Loss) |
(676,970)
|
(1,984,922)
|
(65.9)%
|
| EPS* in NT$ (Loss) |
(1.13)
|
(3.33)
|
* Based on outstanding 596,909,919 shares on 2012/12/31
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
