Seoul Semiconductor Co., Ltd. reported separate earnings results for the fourth quarter and year of 2011 and consolidated earnings results for the year 2011, under K-IFRS. For the quarter, on separate basis, the company reported sales of KRW 157,891 million against KRW 222,265 million a year ago. Operating loss was KRW 10,021 million against operating profit of KRW 25,657 million a year ago. Net loss was KRW 10,871 million against net profit of KRW 29,329 million a year ago. Loss before tax was KRW 11,212 million against earnings before tax of KRW 29,595 million a year ago. Impacted by weak mid/large size BLU sales and seasonality. Turn to loss due to SG&A expense burden and FX loss. For the year, on separate basis, the company reported sales of KRW 739,477 million against KRW 839,016 million a year ago. Operating profit was KRW 28,727 million against operating profit of KRW 117,352 million a year ago. Net profit was KRW 34,620 million against net profit of KRW 108,463 million a year ago. Earnings before tax were KRW 41,322 million against earnings before tax of KRW 126,266 million a year ago. For the year, on consolidated basis, the company reported sales of KRW 749,802 million against KRW 839,329 million a year ago. Operating profit was KRW 29,603 million against operating profit of KRW 115,707 million a year ago. Net profit was KRW 17,199 million against net profit of KRW 104,265 million a year ago. Earnings before tax were KRW 23,909 million against earnings before tax of KRW 122,079 million a year ago. For the first quarter of 2012, the company expects revenue between KRW 160 billion to KRW 170 billion.