Acer Inc. 1H 2007 financial results

PAT NT$7.65B (US$233.54M), EPS NT$3.23, operating income NT$3.91B (US$119.41M)

Following approval from the Board of Directors, Acer reports the financial results for the first half of 2007. Operating income was NT$3.91B (US$119.41M), profit after tax (PAT) was NT$7.65B (US$233.54M) and earnings per share (EPS) was NT$3.23.

PAT rose to NT$7.65B (US$233.54M), up from NT$7.1B (US$216.98M) on year; EPS was NT$3.23, up from NT$3.09 on year; operating income was NT$3.91B (US$119.41M), an increase of 13.6% over 1H2006's NT$3.44B (US$105.09M). Consolidated revenues reached NT$193.03B (US$5.9B), rising 23.9% from last year's NT$155.85B (US$4.76B).

For Q2 2007, Acer's consolidated revenue reached NT$93.52B (US$2.86B), growing 28.4% from last year's NT$72.86B (US$2.23B). Operating income was NT$1.96B (US$59.9M), an increase of 29.4% over NT$1.52B (US$46.31M) for 2Q06. Operating margin was 2.1%.

Q2 2007 PAT was NT$1.98B (US$60.58M) and EPS was NT$0.76.

 

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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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