Hsinchu Science Park, Taiwan, May 14th, 2014 - Sunplus Technology Co., Ltd. (TWSE: 2401, LSE: SUPD) today announced its first quarter consolidated financial results in 2014. The consolidated net sales from January to March in 2014 totaled NT$1,707 million, a decrease of 18.4% compare to last quarter and 2.6% compared to the same period in 2013. The consolidated gross margin for the first quarter in 2014 was 39.1%. The consolidated net income after tax from January to March in 2014 totaled NT$390 thousand, and the consolidated earnings per share was NT$0.01 based on the outstanding 588,434,923 shares on March 31st, 2014.
Unit: NT$K, Except EPS |
2014Q1
|
2013Q1
|
YoY
(decline)% |
2013Q4
|
QoQ
(decline)% |
Net Sales |
1,706,542
|
1,751,874
|
(2.6)
|
2,091,048
|
(18.4)
|
Gross Profit |
667,571
|
694,457
|
(3.9)
|
831,119
|
(19.7)
|
Operating Income (Loss) |
(100,009)
|
(86,529)
|
15.6
|
4,561
|
(2292.7)
|
Income (Loss) before Income Tax |
5,800
|
(39,837)
|
(114.6)
|
(35,845)
|
(116.2)
|
Consolidated Net Income (Loss) |
390
|
(46,708)
|
(100.8)
|
(50,119)
|
(100.8)
|
Consolidated Net Income (Loss) Attributable To Shareholders of the parent |
8,460
|
(43,950)
|
(119.2)
|
(31,103)
|
(127.2)
|
Consolidated Earnings (Loss) Per Share NT$ Attributable To Shareholders of the parent* |
0.01
|
(0.07)
|
(0.05)
|
* Based on outstanding 588,434,923 shareson 2014/3/31
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.