TAIPEI, TAIWAN (August 7, 2019) Acer Inc. (TWSE: 2353) announced today the financial results for the second quarter of 2019: consolidated revenues were NT$55.13 billion, which was flattish quarter-over-quarter (up 0.8%); gross profits were NT$5.93 billion with 10.8% margin; operating income was NT$584 million, up 5.3% QoQ; earnings before tax[1]was NT$605 million; and net income[2] was NT$409 million with earnings per share (EPS) of NT$0.13.
Acer’s strategy of developing new businesses and establishing multiple growth engines, and related stock listing plans continue to move forward.
[1] Earnings before tax is reported as profit-before-tax in Acer’s financial statements
[2] Net income is reported as profit-after-tax in Acer’s financial statements