Acer posts small operating profit in Q1

Tuesday 7 May 2013 | 15:48 CET | News
Acer reported first-quarter revenues of TWD 91.97 billion (USD 3.08 billion), down 9.4 percent from the fourth quarter due to seasonal factors. The company said results were in line its original shipment outlook. The operating result moved to a profit of TWD 29 million from a loss of TWD 3.37 billion in Q4 when it took a number of asset writedowns. Net profit was TWD 515 million or TWD 0.19 per share, boosted by one-time gains on forex and stock disposals.

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Categories: IT / Mobile & Wireless
Companies: Acer
Countries: World
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