Acer net profit hits record levels of TWD 1.45 bln in Q3

Friday 10 November 2017 | 13:46 CET | News

Acer said revenues for its third quarter rose 3.4 percent percent from the year before to TWD 60.58 billion, while the net profit hit record levels of TWD 1.448 billion from a loss of 1.33 billion. Acer said operations stabilised in the quarter, and attributed its revenue growth to its gaming product revenue, which leaped 168 percent and contributed over 10 percent to the total. The company’s Windows-based notebook revenue grew by 40 percent while Chromebook revenue lifted 27 percent and new business revenue, including Acer’s cloud and e-business, advanced 30 percent. 

Group operating profit almost doubled to TWD 933 million from 471 million, pushing the operating margin up to 1.54 percent from 0.80 percent year-on-year. The gross margin improved to 11.1 percent from 9.5 percent.

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