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ALi Corporation (3041 TT) today held its 2017 third quarter online earnings conference and announced consolidated revenue of NT$857 million, consolidated gross profit of NT$254 million with consolidated gross profit margin of 30%, consolidated operating loss of NT$144 million, net loss of NT$105 million, and basic earnings per share of -NT$0.36 for the third quarter ended September 30th, 2017. 

ALi Corporation stated that third quarter revenue reached NT$857 million, representing     8% year-over-year growth rate. The year-over-year growth was mainly due to contribution from Pay-TV operator segment in emerging countries. Gross profit margin went up two percentage point compared to previous quarter. The operating expense was NT$398 million similar to previous quarter. 

Free-to-air STB, Pay-TV operator STB and others (non-STB) accounted for 45~50%, 45~50% and 5~10% of the total consolidated revenue, respectively, in the third quarter. 

About ALi Corporation

ALi Corporation is a leading innovator and developer in the set-top box (STB) system-on-chip (SoC) market. By fully leveraging its core expertise in the set-top box industry, ALi Corp.’s solutions are recognized for their high levels of integration, superior performance reliability, premier customer oriented service and compelling cost structure. Hundreds of Pay TV operators have adopted ALi Corp.’s solutions worldwide. ALi Corp. was founded in 1993 with headquarters in Taipei, Taiwan, R&D centers as well as sales offices in Hsinchu, Shanghai, Shenzhen, Zhuhai, Geneva, Seoul, and India Noida, and technical support teams throughout Asia. For more information, please visit www.alitech.com and www.alitech.com/index.php/investor-relation.html

ALi Corporation (3041 TT) today announced its unaudited consolidated revenue for October 2017 reached NT$ 251 million, representing 2% year-over-year growth rate. The year-over-year sales increase was mainly due to higher contribution from Pay-TV operator market in emerging countries.

The company is showcasing a series of STB solutions targeting digitalization opportunities in Africa at TV Connect Africa 2017 which is held in Cape Town, South Africa, from November 07 to 09.

Consolidated Sales Report,Oct 2017 (in NT$, 000)

Note: Figures have not been audited; Consolidated entities include ALi Corporation and its subsidiaries.

Communication between independent directors and internal/independent auditors

The independent directors communicate with the internal Audit supervisor at the regular Audit Committee meetings. The communication channels and interactions are functioned well. The internal auditor supervisor reports the annual audit plan execution and audit finding improvement status to independent directors at periodic meetings. They also exchange their opinions for the effectiveness of internal control implementation of the Company. The independent auditors report to the independent directors on the financial report of the Company or the relevant matters of finance, taxation and internal control, meanwhile schedule a meeting when it’s necessary.

The major items of communication between the independent directors and internal audit supervisor

The major items of communication between the independent directors and the independent auditors

The ultimate objective of the Company’s governance is to protect shareholders’ interests. Shareholders’ meetings should be convened and conducted based on legal procedures in accordance with relevant government laws and regulations in a transparent manner so that all shareholders may learn about the news of the company at any time.