2011.07.27
Sunplus Announces 1H 2011 Financial Results
Hsinchu Science Park, Taiwan, July 27th, 2011 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today announced its second quarter financial results in 2011. The net sales from April to June in 2011 totaled NT$1,035 million, a decrease of 41.2% compared to the same period in 2010. Due to the product mix, the gross margin for the second quarter of 2011 was up to 34.2% against 28.6% of last quarter. The net income after tax from April to June in 2011 totaled NT$59 million, and the net profit after tax per share was NT$0.10 based on the outstanding 596,909,919 shares on June 30th, 2011.
The first half net sales in 2011 totaled NT$2,069 million, a decrease of 39.6% compared to the same period in 2010. The gross margin of the first half in 2011 was 31.4%. Affected by the net loss of the first quarter in 2011, the net loss after tax from January through June in 2011 totaled NT$94 million, and the net loss per share was NT$0.16 based on the outstanding 596,909,919 shares on June 30th, 2011.
Unit: NT$K, except for EPS |
2011Q2*
|
|
YoY%
(decline)
|
2011Q1
|
QoQ%
(decline)
|
Net Sales |
1,034,855
|
1,760,795
|
(41.2)
|
1,033,719
|
0.1
|
Gross Margin |
353,579
|
677,971
|
(47.8)
|
296,014
|
19.4
|
Operating Income (Loss) |
(20,862)
|
184,050
|
(111.3)
|
(96,261)
|
(78.3)
|
Net Income (Loss) |
58,683
|
251,525
|
(76.7)
|
(152,535)
|
(138.5)
|
EPS** in NT$ (Loss) |
0.10
|
0.42
|
|
(0.26)
|
|
|
Unit: NT$K, except for EPS |
|
|
YoY%
(decline)
|
Net Sales |
2,068,574
|
3,425,825
|
(39.6)
|
Gross Margin |
649,593
|
1,285,580
|
(49.5)
|
Operating Income (Loss) |
(117,122)
|
317,789
|
(136.9)
|
Net Income (Loss) |
(93,850)
|
560,230
|
(116.8)
|
EPS** in NT$ (Loss) |
(0.16)
|
0.94
|
|
|
*Important Note: Figures not audited yet
** Based on outstanding 596,909,919 shares on 2011/06/30