Acer reports Q2 2022 net profit of NT$1.72 billion and earnings per share of NT$0.58

0

TAIPEI, August 4, 2022 /PRNewswire/ — Acer Inc. (TWSE: 2353) announced its financial results for the second quarter of 2022: consolidated revenues were NT$72.32 billion; gross profits were NT$8.0 billion with a margin of 11.1%; the operating result was NT$2.17 billion with a margin of 3.0%; and net income [1] has been NT$1.72 billion with a margin of 2.4% and earnings per share of NT$0.58.

Acer Incorporated logo (PRNewsfoto/Acer Incorporated) (PRNewsfoto/Acer)

Since the first quarter, Acer has focused on improving its supply chain management and product sales. The second quarter ended with an inventory value at NT$63.44 million, marking a slight decrease compared to the first quarter. In addition, Acer’s Vero line of eco-friendly devices and SpatialLabs glasses-free 3D stereoscopic products sold well around the world.

This year, Acer expects revenue from its PC business in the second half of the year to be lower than a year earlier. However, its strategy to create multiple business engines continues to gain momentum, and second-quarter revenue from non-PC and display businesses contributed 21.1% of total revenue, down from 16. 2% a year earlier. Acer e-Enabling Business (6811.TW) will list on the Taipei Stock Exchange Motherboard this month, while Acer Gaming Inc. (6908.TW) plans to file for an emerging market listing during the third trimester.

[1] Net income is presented as profit after tax in Acer’s financial statements

About Acer

Founded in 1976, Acer is one of the largest ICT companies in the world with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on creating a world where hardware, software and services will merge with each other, creating ecosystems and opening up new possibilities for consumers and businesses. Acer’s 7,500 employees are dedicated to researching, designing, marketing, selling and supporting products and solutions that break down the barriers between people and technology. Please visit www.acer.com for more information.

© 2022 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks and/or service marks, whether indicated or not, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available on all sales channels. Prices shown are manufacturer’s suggested retail prices and may vary by location. Applicable sales tax extra.

Quote

Quote

Show original content to download multimedia:https://www.prnewswire.com/news-releases/acer-announces-q2-2022-net-income-at-nt1-72-billion-and-earnings-per-share-at-nt0-58–301599940 .html

SOURCEAcer

Share.

Comments are closed.