Hsinchu, Taiwan, August 8, 2016 -- Alpha Networks Inc. (TWSE: 3380) today announced its consolidated financial results for the second quarter of 2016.
The consolidated revenue for 2Q16 was NT$6,431 million, up 2.1% from the prior year and up 23.9% from last quarter, with higher gross margin of 15.0% generated from better product portfolio. Operating income was NT$269 million, or 4.2% of net sales. Net income was NT$312 million, or NT$0.72 per share. 2Q16’s revenue by product categories: LAN/MAN accounted for 52% of 2Q16 consolidated revenue, followed by Wireless Broadband at 26%, and Digital Multimedia at 22%.
The consolidated revenue for the first half of 2016 was NT$11,620 million, slightly down 4.4% on a year-over-year basis. However, gross profit increased 11.3% to NT$1,708 million from a year ago, with gross margin improved to 14.7% as a result of better product portfolio and disciplined cost management. Operating margin was up 125% YoY to NT$370 million. Net income after tax was NT$389 million, or NT$0.90 per share. 1H16’s revenue by product categories: LAN/MAN accounted for 52% of 1H16 consolidated revenue, followed by Wireless Broadband at 28%, and Digital Multimedia at 20%.

The 2016 Annual General Shareholders’ Meeting (the “Meeting”) of Alpha Networks Inc. (the “Company”) will be convened at 9:00 am, Friday, June 17th, 2016 at Darwin Hall of HSP Link (No. 1, Industry E. Rd. II, Science-Based Industrial Park, Hsinchu, Taiwan, R.O.C.)

Hsinchu, Taiwan, May 6, 2016 -- Alpha Networks Inc. (TWSE: 3380) today announced its consolidated financial results for the first quarter of 2016.
The consolidated revenue in 1Q16 was NT$5,190 million, down 3.4% from last quarter with increased gross margin 14.4% generated through better product mix. Operating income was NT$646 million, down 2.7% year-over-year. Operating income was NT$100 million, or 1.9% of net sales. Comparing to corresponding period last year, net income increased 16.4% to NT$78 million, or NT$0.18 per share.
1Q16’s revenue by product categories: LAN/MAN accounted for 52% of 1Q16 consolidated revenue, followed by Wireless at 23%, Digital Multimedia at 19%, and Mobile & Broadband at 6%.