Press Release
2011.10.31
Sunplus Announces 2011Q3 Financial Results
Hsinchu Science Park, Taiwan, October 31st, 2011 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today announced its third quarter financial results in 2011. The net sales from July to September in 2011 totaled NT$703 million, a decrease of 49.4% compared to the same period in 2010. The gross margin for third quarter in 2011 was down to 19.38% because of the net sales decline and inventories loss. The net loss after tax from July to September in 2011 totaled NT$549 million, and the net loss after tax per share was NT$0.92 based on the outstanding 596,909,919 shares on September 30th, 2011.

The net sales from January through September in 2011 totaled NT$2,772 million, a decrease of 42.4% compared to the same period in 2010. The gross margin from January through September in 2011 was 28.35%. The net loss after tax from January through September in 2011 totaled NT$643 million, and the net loss per share was NT$1.08 based on the outstanding 596,909,919 shares on September 30th, 2011.

Non-operating income and expenses from January through September in 2011 included disposal gain of NT$219 million, administrative, support and rental revenue of NT$39 million, foreign exchange gain of NT$14 million, long-term investment loss of NT$237 million, impairment loss on available-for-sale-asset of NT$284 million, etc..

Unit: NT$K, except for EPS
2011Q3*

2010Q3

YoY%
(decline)
2011Q2
QoQ%
(decline)
Net Sales
703,263
1,390,372
(49.4)
1,034,855
(32.0)
Gross Margin
136,314
534,790
(74.5)
353,579
(61.4)
Operating Income (Loss)
(251,174)
17,027
(1575.2)
(20,862)
1104.0
Net Income (Loss)
(549,177)
199,140
(375.8)
58,683
(1035.8)
EPS** in NT$ (Loss)
(0.92)
0.33
 
0.10
 

Unit: NT$K, except for EPS

Jan~Sep
2011*

Jan~Sep
2010

YoY%
(decline)
Net Sales
2,771,837
4,816,197
(42.4)
Gross Margin
785,907
1,820,369
(56.8)
Operating Income (Loss)
(368,296)
334,815
(210.0)
Net Income (Loss)
(643,028)
759,369
(184.7)
EPS** in NT$ (Loss)
(1.08)
1.27
 

* Important Note: Figures not audited yet
** Based on outstanding 596,909,919 shares on 2011/09/30

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 Shen
Vice President
+886-3-5786005#2350
wayne@sunplus.com

Deputy Spokesperson

Joseph Chuang
Administration Div. Director
+886-3-5786005#3120
pr@sunplus.com