Acer Inc. 2006 financial results: PAT NT$10.22B (US$313.47M), EPS NT$4.45, operating income NT$7.81B (US$239.66M)


TAIPEI, TAIWAN (28 March, 2007) -- Acer Inc.'s Board of Directors has approved of the year 2006 financial results: consolidated revenue was NT$369.09B (US$11.32B), representing16% year-on-year growth; profit after tax (PAT) was NT$10.22B (US$313.47M), rising 20.5% from the previous year; earning per share (EPS) was NT$4.45; and operating income was NT$7.81B (US$239.66M), marking a slight year-on-year growth.

In addition, the Board of Directors has permitted the sale of Sertek Inc., Acer's fully-owned electronic component distributor to Yosun Group, who specializes in sales and service of semi-conductor electronic components. Yosun shall acquire Sertek through exchange of shares and cash, and become its 100% shareholder. Acer shall become a member of Yosun's board.

Acer expects these two companies will greatly complement one another. Yosun is one of Taiwan's leading electronic component distributors; the acquirement of Sertek will expand Yosun's business scale -- an important factor to sustaining in this competitive market.

A shareholders' meeting will be held in Taipei on 14 June 2007.

Note: The exchange rate was US$1: NT$32.596.

 

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About Acer
Since its founding in 1976, Acer has constantly pursued the goal of breaking the barriers between people and technology. Focused on marketing its brand-name IT products around the globe, Acer ranks as the world's No. 3  vendor for total PCs and No. 2 for notebooks, with the fastest growth among the top-five players. A profitable and sustainable Channel Business Model is instrumental to Acer's continued growth, while the successful mergers of Gateway and Packard Bell complete the company's global footprint by strengthening its presence in the U.S., and enhancing its strong position in Europe. Acer Inc. employs 5,000 people worldwide. 2007 revenues reached US$14.07 billion.

Contact:
Stella T.H. Chou, Henry Wang
PR, Branding Division
8F, 88, Sec.1, Hsin Tai Wu Rd., Hsichih,
Taipei Hsien 221, Taiwan, R.O.C.
Tel: 886-2-8691-3204/1046
Fax: 886-2-8691-3262
E-mail: Stella_th_chou@acer.com.tw  Henrywang@acer.com.tw

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