Acer Announces Q2 2022 Net Income at NT$1.72 Billion
Acer Inc. (TWSE: 2353) announced its financial results for the second quarter of 2022: consolidated revenues were NT$72.32 billion; gross profits were NT$8.0 billion with 11.1% margin; operating income was NT$2.17 billion with 3.0% margin; and net income was NT$1.72 billion with 2.4% margin and earnings per share of NT$0.58.
Since the first quarter, Acer has focused on enhancing its supply chain management and product sell out. The second quarter ended with inventory value at NT$63.44 million, marking a slight decline from the first quarter. In addition, Acer's Vero line of eco-conscious devices and glasses-free stereoscopic 3D SpatialLabs products have sold well worldwide.
Since the first quarter, Acer has focused on enhancing its supply chain management and product sell out. The second quarter ended with inventory value at NT$63.44 million, marking a slight decline from the first quarter. In addition, Acer's Vero line of eco-conscious devices and glasses-free stereoscopic 3D SpatialLabs products have sold well worldwide.