Thursday, 04 May 2017

ALi (3041 TT) – ALi Reports 2017 First Quarter Results

ALi Corporation (3041TT) today held its 2017 first quarter online earnings conference and announced consolidated revenue of NT$755 million, consolidated gross profit of NT$206 million with consolidated gross profit margin of 27%, consolidated operating loss of NT$143 million, net loss of NT$114 million, and basic earnings per share of -NT$0.39 for the first quarter ended March 31st, 2017.

ALi Corporation stated that first quarter revenue reached NT$755 million, down 9% on a quarter-over-quarter basis, reflecting fewer working days due to the Chinese Lunar New Year holidays. Gross margin for the quarter also went down. The decrease was mainly due to product mix. The operating expense was NT$349 million, down from NT$ 381 million in the previous quarter.

Retail STB, Pay-TV operator STB and others (non-STB) accounted for 45~50%, 40~45% and 5~10% of the total consolidated revenue, respectively, in the first quarter.

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