ALi Corporation (3041TT) today held its 2015 third quarter online earnings conference and announced consolidated revenue of NT$952 million, consolidated gross profit of NT$405 million with consolidated gross profit margin of 43%, consolidated operating loss of NT$39 million, net profit of NT$31 million, and basic earnings per share of NT$0.11 for the third quarter ended Sept 30, 2015.
ALi Corporation stated that third quarter revenue representing an increase of 45% quarter-over-quarter was mainly due to seasonal demand for most retail products. Furthermore, Pay-TV operator segment also showed better performance compared to previous quarter. Although the third quarter revenue of 2015 decreased year-over-year due to slow global demand, the company still sees growth momentum in Pay-TV operator segment in emerging countries. Consolidated gross profit margin was 43%, up 4 percentage points compared to the level of previous quarter. Consolidated operating expenses increased 5% quarter-over-quarter, primarily for higher research and development (R&D) investments and sales and marketing expenses. The bottomline turned profitable thanks to foreign exchange gain, despite some operating loss.
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.
Today the board appointed Mr. Daniel Huang, a current director and Chief Operating & Technology Officer, as the new Chief Executive Officer with immediate effect. Mr. Ben Lin, formerly Chairman & CEO, will continue to serve as Chairman of the Board.
