Acer Q2 Net Income Slightly Rises YoY; Revenues Up 15.2%
Acer Inc. reported a slight increase in net income for the second quarter, with operating income up 40.3% from a year ago. Consolidated revenues also saw a 15.2% year-on-year increase. Other businesses contributed to a significant portion of total revenues and operating income. First-half gross profits, operating income, net income, and consolidated revenues all showed growth compared to last year.
Acer Inc. (ACID.L) reported that its second quarter operating income was NT$1.47 billion, up 40.3% from a year ago. Net income was NT$1.40 billion, up 0.8%. Earnings per share was NT$0.47 compared to NT$0.46. Consolidated revenues were NT$67.14 billion, up 15.2% year-on-year. In the second quarter, businesses other than computers and displays contributed 28.1% of total revenues, and 35.2% of operating income.
First half gross profits were NT$13.37 billion, 15.1% growth from last year. Operating income was NT$2.25 billion, up 75.1%. Net income was NT$2.61 billion with 36.6% growth from last year. Earnings per share was NT$0.87, compared to NT$0.64. Consolidated revenues were NT$125.97 billion, up 13.8% from last year.
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