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TAIPEI, November 3, 2022 /PRNewswire/ — Acer Inc. announced (TWSE: 2353) its financial results for the third quarter of 2022: revenues were consolidated NT$64.89 billion; gross profits ended at NT$6.56 billion by a margin of 10.1%; was operating income NT$829.61 million; and net income [1] was NT$1.88 billionwhich was up 8.8% from the previous quarter or down 37.8% year on year (YoY).
For the year to September, Acer generated consolidated revenue of NT$215.59 billionnet income of NT$5.84 billionwhich was down 32.6% YoY, and earnings per share (EPS) of $1.94.
Business highlights:
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All the public subsidiaries announced their business results with profitability. They contributed 43% of the Acer Group’s total operating income and accounted for 16% of total revenue.
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Acer strives to optimize its financial position by improving supply chain management and product sales by:
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[1] Net income is reported as profit after tax in Acer’s financial statements |
About Acer
Founded in 1976, Acer is one of the world’s leading ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services converge, creating ecosystems and opening new possibilities for consumers and businesses alike. Acer’s 7,700 employees are dedicated to researching, designing, marketing, selling, and supporting products and solutions that break down barriers between people and technology. 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, illustrated or otherwise, are the property of their respective owners. All offers are subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer’s suggested retail prices and may vary by location. Additional sales tax applicable.
View original multimedia download: https://www.prnewswire.com/news-releases/acer-reports-net-income-for-q3-2022-at-nt1-88-billion-for-year-to-september -at-nt5-84-billion-with-eps-nt1-94–301667377.html
SOURCE Acer
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