ALi Corporation (3041TT) today held its 2016 first quarter online earnings conference and announced consolidated revenue of NT$982 million, consolidated gross profit of NT$368 million with consolidated gross profit margin of 38%, consolidated operating loss of NT$49 million, net loss of NT$26 million, and basic earnings per share of -NT$0.09 for the first quarter ended March 31st, 2016.
ALi Corporation stated that first quarter revenue reached NT$982 million, down 12% on a quarter-over-quarter basis, reflecting fewer working days due to the Chinese Lunar New Year holidays. On a year-over-year basis, the company saw a revenue growth of 8%, boosted by the company’s continuous cultivation and investment in opportunities arising from regional TV signal digitalization and expanding client base in emerging markets. Consolidated gross profit margin was 38%, down four percentage points compared to the level of previous quarter. The quarter-over-quarter difference in gross profit margin is minor if adjustment for one-time event is excluded.
Product segments categorized into retail STB, Pay-TV operator STB and others (non-STB) respectively accounted for 45~50%, 45~50% and 0~5% of the total consolidated revenue in the first quarter.