ALi Corporation (3041 TT) today held its 2018 first quarter earnings conference call. Its first-quarter revenue reached NT$552 million, representing a decrease of 18% quarter-over-quarter. The gross profit of NT$167 million with consolidated gross margin of 30%,up three percentage point compared to last year. The operating expense was NT$363 million, down from NT$402 million in the previous quarter. As a result, the operating loss narrowed down to -NT$196 million, from -NT$205 million in the previous quarter, net loss of NT$96 million, and basic earnings per share of -NT$0.33.
In the first quarter, free-to-air STB, Pay-TV operator STB and others (non-STB) accounted for 40-45%, 50-55%, and 0-5% of the total consolidated revenue, respectively.