2012.03.21
Sunplus Announces 2011Q4 Financial Results
Hsinchu Science Park, Taiwan, March 21st, 2012 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today announced its fourth quarter financial results in 2011. The net sales from October to December in 2011 totaled NT$828 million, an increase of 17.7% compared to last quarter and a decrease of 37% compared to the same period in 2010. The operating loss for the fourth quarter in 2011 totaled NT$187 million included the inventories loss of NT$55 million. With the non-operating loss of NT$1,002 million in the fourth quarter of 2011, the net loss after tax totaled NT$1,342 million, and the net loss after tax per share was NT$2.25 based on the outstanding 596,909,919 shares on December 31st, 2011.
The non-operating income and expenses for the fourth quarter in 2011 included disposal gain of NT$4 million, administrative, support and rental revenue of NT$11 million, impairment loss of NT$420 million because of closing down HT mMobile Inc., long-term investment loss by the equity-method of NT$603 million, foreign exchange loss of NT$2 million, and etc..
The net sales from January through December in 2011 totaled NT$3,600 million, a decrease of 41.3% compared to the same period in 2010. The gross margin from January through December in 2011 was 26.62%. The net loss after tax from January through December in 2011 totaled NT$1,985 million, and the net loss per share was NT$3.33 based on the outstanding 596,909,919 shares on December 31st, 2011.
The non-operating income and expenses from January through December in 2011 included disposal gain of NT$223 million, administrative, support and rental revenue of NT$50 million, foreign exchange gain of NT$13 million, long-term investment loss of NT$840 million, impairment loss of NT$704 million, and etc.
Unit: NT$K
(except for EPS) |
2011Q4*
|
|
YoY
(decline)%
|
2011Q3
|
QoQ
(decline)%
|
| Net Sales |
827,910
|
1,313,387
|
(37.0)
|
703,263
|
17.7
|
| Gross Margin |
172,167
|
434,950
|
(60.4)
|
136,314
|
26.3
|
| Operating Income (Loss) |
(186,685)
|
1,601
|
(11759.2)
|
(251,174)
|
(25.7)
|
| Net Income (Loss) |
(1,341,895)
|
14,342
|
(9456.5)
|
(549,177)
|
144.3
|
| EPS** in NT$ (Loss) |
(2.25)
|
0.02
|
|
(0.92)
|
|
|
Unit: NT$K
(except for EPS) |
|
|
YoY
(decline)%
|
| Net Sales |
3,599,747
|
6,129,584
|
(41.3)
|
| Gross Margin |
958,074
|
2,255,319
|
(57.5)
|
| Operating Income (Loss) |
(554,981)
|
336,416
|
(265.0)
|
| Net Income (Loss) |
(1,984,922)
|
773,711
|
(356.5)
|
| EPS** in NT$ (Loss) |
(3.33)
|
1.30
|
|
|
* Important Note: Figures not audited yet
** Based on outstanding 596,909,919 shares on 2011/12/31
