ALi Corporation (3041 TT) today announced its unaudited consolidated revenue for October 2015 reached NT$318.5 million, representing a decrease of 8.9% month-over-month and 18.6% year-over-year, respectively. Aggregate revenue from January to October of 2015 was NT$2,839.2 million, down 27.4% from the same period last year.
The company expressed the decrease of October revenue reflected the situation that most STB manufacturing partners replenished inventory prior to the “Golden Week” holidays in China resulting in higher sales base of September. However, the company sees a long-term growth momentum and higher contribution from Pay-TV operator market.
In addition, the company also announced it will showcase a series of STB solutions targeting digitalization opportunities in Africa at TV Connect Africa 2015 which will be held in Cape Town, South Africa, from November 17 to 19.
Consolidated Sales Report, Oct 2015 (in NT$1,000)
Item | Oct 2015 | Sep 2015 | Difference | MoM |
Net Sales | 318,524 | 349,512 | (30,988) | (8.9%) |
Item | 2015 | 2014 | Difference | YoY |
Oct | 318,524 | 391,330 | (72,806) | (18.6%) |
Jan to Oct | 2,839,209 | 3,912,079 | (1,072,870) | (27.4%) |
Note: Figures have not been audited; consolidated entities include ALi Corporation and its subsidiaries.