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*
|
|
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$K, except for EPS |
|
|
YoY%
(decline)
|
| Net Sales |
2,771,837
|
4,816,197
|
(42.4)
|
| Gross Margin |
785,907
|
1,820,369
|
(56.8)
|
| Operating Income (Loss) |
(368,296)
|
334,815
|
(210.0)
|
| Net Income (Loss) |
(643,028)
|
759,369
|
(184.7)
|
| EPS** in NT$ (Loss) |
(1.08)
|
1.27
|
|
|
* Important Note: Figures not audited yet
** Based on outstanding 596,909,919 shares on 2011/09/30
