ALi posted record-high gross margin in 2Q

~~David~~ · Jul 26, 2002, 03:05 PM

Thanks to the lower contract production fees and the various new products, ALi Corporation (formerly Acer Laboratories) reported a record-high gross margin of 41% in the second quarter, much better than the previously-forecasted 35%.

With its second-quarter revenues rising further from the first quarter to reach NT$1.717 billion, the chipset designer posted better-than-expected profit performance in the first half. In the first six months, the company attained NT$200 million in pre-tax profits, ahead of its projection of NT$194 million.

Boosted by the growing number of product lines as well as the rising shipments, ALi’s revenue ratio contributed by the multimedia products has continued climbing. In the first half, the company generated 61% of its sales from the multimedia products and only 39% from its core logic chipsets.

Read full story HERE

Jul 26, 2002, 03:05 PM	#1
~~David~~ Banned Join Date: May 2002 Location: Atlanta Posts: 959 Rep Power: 0	ALi posted record-high gross margin in 2Q Thanks to the lower contract production fees and the various new products, ALi Corporation (formerly Acer Laboratories) reported a record-high gross margin of 41% in the second quarter, much better than the previously-forecasted 35%. With its second-quarter revenues rising further from the first quarter to reach NT$1.717 billion, the chipset designer posted better-than-expected profit performance in the first half. In the first six months, the company attained NT$200 million in pre-tax profits, ahead of its projection of NT$194 million. Boosted by the growing number of product lines as well as the rising shipments, ALi’s revenue ratio contributed by the multimedia products has continued climbing. In the first half, the company generated 61% of its sales from the multimedia products and only 39% from its core logic chipsets. Read full story HERE