ALi Corporation (3041 TT) today announced the total consolidated revenue for November 2012 reached NT$344.2 million, representing a decrease of 18.5% MoM and the similar level as last year. Aggregate revenue from January to November of 2012 was NT$4.71 billion, up 46.3% from the same period last year.
The company expressed that global economic slowdown and political uncertainty, particularly negative growth for two consecutive quarters in the Eurozone, have suppressed the demand for STB products in retail market. However, the China market continues its seasonal momentum with increasing product revenues from not only Pay-TV operators but also Retail IP STB.
To focus on core business, ALi Corporation earlier announced the plan to dispose of the 7th-10th floors and corresponding parking and public spaces of its office building, the NASA Building (Note1), through a public bidding. However, in compliance with the new regulation set by the Government, ALi Corporation has paused the bidding.
In addition, ALi Corporation will complete the procedures about the acquisition of Abilis Systems in December.
Consolidated Sales Report, Nov 2012 (in NT$1,000)
| Item | Nov. | Oct. | Difference | MoM |
| Net Sales | 344,248 | 422,392 | (78,144) | (18.5%) |
| Item | 2012 | 2011 | Difference | YoY |
| Nov | 344,248 | 344,231 | 17 | 0.0% |
| Jan to Nov | 4,705,747 | 3,215,710 | 1,490,037 | 46.3% |
Note: Figures have not been audited.
Note1: ALi Corporation will keep the 4th -6th floors as headquarters and for future expansion use.
