Friday, 12 August 2016

ALi (3041 TT) – ALi Reports 2016 Second Quarter Results

ALi Corporation (3041TT) today held its 2016 second quarter online earnings conference and announced consolidated revenue of NT$797 million, consolidated gross profit of NT$296 million with consolidated gross profit margin of 37%, consolidated operating loss of NT$131 million, net loss of NT$93 million, and basic earnings per share of –  NT$0.31 for the second quarter ended June 30th, 2016. 
 

ALi Corporation stated that second quarter revenue reached NT$797 million, representing a 19% decrease on a quarter-over-quarter basis. However, on a year-over-year basis, the company saw a revenue growth of 21%, thanks to the recovery in retail market and the benefit from new products. Consolidated gross profit margin was 37%, down less than one percentage point compared to the level of previous quarter. Consolidated operating expenses increased by 2% quarter-over-quarter, primarily for higher research and development (R&D) investments, while administration, sales and marketing expenses decreased.
 

Product segments categorized into retail STB, Pay-TV operator STB and others (non-STB) respectively accounted for 65~70%, 25~30% and 5~10% of the total consolidated revenue in the second quarter.
 

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