Hsinchu Science Park, Taiwan, February 27th, 2013 - Sunplus Technology Co., Ltd. (TAIEX: 2401, LSE: SUPD) today announced its fourth quarter financial results in 2012. The net sales from October to December in 2012 totaled NT$711 million, a decrease of 14.3% compared to last quarter and 14.1% compared to the same period in 2011. The gross margin for the fourth quarter in 2012 was down to 28.38% due to inventory loss of NT$30 million and lower net sales. The net loss after tax from October to December in 2012 totaled NT$534 million, and the net loss per share was NT$0.89 based on the outstanding 596,909,919 shares on December 31st, 2012.
Non-operating income of NT$33 million from October through December in 2012 included administrative, support and rental revenue of NT$6 million, disposal gain of NT$10 million and other gains. Non-operating expenses of NT$438 million from October through December in 2012 included long-term investment loss of NT$275 million, impairment loss on long-term investment of NT$152 million, foreign exchange loss of NT$1 million and other expenses.
The net sales from January through December in 2012 totaled NT$3,141 million, a decrease of 12.7% compared to the same period in 2011. The gross margin from January through December in 2012 was 34.84%. The net loss after tax from January through December in 2012 totaled NT$677 million, and the net loss per share was NT$1.13 based on the outstanding 596,909,919 shares on December 31st, 2012.
Non-operating income of NT$104 million from January through December in 2012 included administrative, support and rental revenue of NT$23 million, disposal gain of NT$13 million and other gains. Non-operating expenses of NT$403 million from January through December in 2012 included long-term investment loss of NT$200 million, impairment loss on long-term investment of NT$154 million, foreign exchange loss of NT$13 million and other expenses.
| Unit: NT$K, except for EPS |
2012Q4
|
2011Q4
|
YoY(Decline)
|
2012Q3
|
QoQ(Decline)
|
| Net Sales |
711,440
|
827,910
|
(14.1)%
|
830,537
|
(14.3)%
|
| Gross Margin |
201,911
|
172,167
|
17.3%
|
304,534
|
(33.7)%
|
| Operating Income (Loss) |
(129,131)
|
(186,685)
|
(30.8)%
|
(66,526)
|
94.1%
|
| Net Income (Loss) |
(533,861)
|
(1,341,895)
|
(60.2)%
|
2,138
|
(25070.1)%
|
| EPS* in NT$ (Loss) |
(0.89)
|
(2.25)
|
0.00
|
| Unit: NT$K, except for EPS |
2012
|
2011
|
YoY(Decline)
|
| Net Sales |
3,141,160
|
3,599,747
|
(12.7)%
|
| Gross Margin |
1,094,491
|
958,074
|
14.2%
|
| Operating Income (Loss) |
(377,320)
|
(554,981)
|
(32)%
|
| Net Income (Loss) |
(676,970)
|
(1,984,922)
|
(65.9)%
|
| EPS* in NT$ (Loss) |
(1.13)
|
(3.33)
|
* Based on outstanding 596,909,919 shares on 2012/12/31