ALi Corporation (3041 TT) today announced the total consolidated revenue for July 2012 reached NT$315.4 million, representing a decrease of 22.5% MoM and an increase of 22.1% YoY. Aggregate revenue from January to July of 2012 was NT$3.03 billion, up 60.9% from the same period last year.
The company explained that product sales of retail STB in July decreased compared to last month, resulting from the summer vacation effect in Western Europe and some emerging markets in addition to high inventory level retained by distributors and end clients. However, the consolidated monthly sales increased by 22.1% YoY and aggregate revenue from January to July of 2012 still represented an increase by 60% compared to the same period of previous year as the company has been developing various types of products targeting high-definition and IP STB (OTT) in retail market, as well as cultivating relationship with Pay-TV operators for a couple of years, all three of which are key growth drivers to boost sales scale.
The company also declared to pay a cash dividend of NT$1.78 per share on August 17th, 2012 by either wire remittances or checks.
Consolidated Sales Report, July 2012 (in NT$1,000)
Net Sales | 2012 | 2011 | Difference | YoY |
July | 315,396 | 258,335 | 57,061 | 22.1% |
January to July | 3,032,421 | 1,884,189 | 1,148,232 | 60.9% |
Note: Figures have not been audited.