ALi Corporation (3041TT) today held its 2015 first quarter online earnings conference and announced consolidated revenue of NT$910 million, consolidated gross profit of NT$380 million with consolidated gross profit margin of 42%, consolidated operating loss of NT$18 million, net income of NT$0.6 million, and basic earnings per share of NT$0.00 for the first quarter ended March 31st, 2015.
ALi Corporation stated that first quarter’s revenue with a decrease of 19% on a quarter-over-quarter basis reflected fewer working days due to the Chinese Lunar New Year holidays and was also a result of continuously softening demand for most retail products. However, revenue from Pay-TV operator markets in emerging countries showed quarterly growth. Though first quarter’s revenue decreased 18% compared to a year ago, the company saw higher revenue contributions from Pay-TV product segments thanks to cultivation in emerging markets. Consolidated gross profit margin was 42%, up 3 percentage points compared to the level of previous quarter due to better product mix. Product segments categorized into retail STB, Pay-TV operator STB and others (Non-STB) accounted for 55~60%, 30~35% and 5~10% of the total consolidated revenue respectively. The company sees significant boost in the contribution from Pay-TV operator STB market from the level in previous quarter and a year ago.
ALi Corporation also announced the Board of Directors has decided to propose the earnings distribution for shareholders’ adoption at the Annual General Meeting held on 25 June 2015 with a cash dividend of NT$0.79 per share, representing a payout ratio of 90%.
