Thursday, August 3rd 2023
Acer Announces Q2 2023 Net Income at NT$1.39 Billion
Acer Inc. announced its financial results for the second quarter of 2023: consolidated revenues were NT$58.26 billion with 11.1% growth quarter-on-quarter (QoQ); gross profits reached NT$6.26 billion with 10.7% margin; operating income was NT$1.05 billion, up 338.6% QoQ; net income was NT$1.39 billion, up 170.2% QoQ; and earnings per share was NT$0.46 in Q2'23 and NT$0.64 in 1H'23.
The company has weathered the post-pandemic industry stress test. Acer's computer business has bottomed out around May this year, while new graphic cards and connectivity products have reached markets. Acer's computers, displays, and most of the other businesses have all contributed toward revenues and profitability. With 10 public subsidiaries and more to come, Acer is progressively enhancing its corporate resilience.
[Editor's note: NT$1.39 Billion is around US$43.9 million]
Source:
Acer
The company has weathered the post-pandemic industry stress test. Acer's computer business has bottomed out around May this year, while new graphic cards and connectivity products have reached markets. Acer's computers, displays, and most of the other businesses have all contributed toward revenues and profitability. With 10 public subsidiaries and more to come, Acer is progressively enhancing its corporate resilience.
[Editor's note: NT$1.39 Billion is around US$43.9 million]
5 Comments on Acer Announces Q2 2023 Net Income at NT$1.39 Billion
I mean, i know Acer for their PC desktop, Notebook and display ... so the "others" are hardware, projectors (could be "display" too), accessories, network ... servers i guess too ?
If you go to the source link at the front page of TPU and dig out the full 2022 report and have a look at pages 138-154 you can find out exactly which companies those are.
That said, I think you mixed up the colours, as the 52.6% is notebooks, others is 28.6%.
*As everybody's does by now : it's not my fault, they've choosen green and a little darkest green :D
Thanks @TheLostSwede for the correction :)
Also what exactly am I to link here, my last comment was deleted (nice one TPU!). Its not like you need to go to some unheard of fringe sites to get 'rumours', its been covered by any range of news outlets and well established tech sites. No digging needed, just search it - then you cant complain that I pointed you to a source you dont like.