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Acer Announces Q2 2023 Net Income at NT$1.39 Billion

TheLostSwede

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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]



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bonehead123

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swirl09 said:
And continues to sell to Russia, while lying about it.
Click to expand...
Evidence ? The REAL kind, not just internet rumors, gossip-filled clickbait taglines, or whining/crying by investors :D
 
KrazyT

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I wonder what is the "others" relative to 52,6 % of their revenue.
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 ?
 
TheLostSwede

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KrazyT said:
I wonder what is the "others" relative to 52,6 % of their revenue.
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 ?
Click to expand...
As it says as a footnote "Others include 10 public subsidiares and businesses under incubation.".
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%.
 
KrazyT

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TheLostSwede said:
That said, I think you mixed up the colours, as the 52.6% is notebooks, others is 28.6%.
Click to expand...
KrazyT : idiot # 1 !

Sad In A Box GIF


*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 :)
 
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bonehead123 said:
Evidence ? The REAL kind, not just internet rumors, gossip-filled clickbait taglines, or whining/crying by investors :D
Click to expand...
Why would investors be crying about it, they are making money in a market they shouldnt be in.

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.
 
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