{"id":13222,"date":"2022-11-03T10:02:00","date_gmt":"2022-11-03T10:02:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3924467_HK24467_0"},"modified":"2022-11-03T10:02:00","modified_gmt":"2022-11-03T10:02:00","slug":"acer-reports-net-income-for-q3-2022-at-nt1-88-billion-for-year-to-september-at-nt5-84-billion-with-eps-nt1-94","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=13222","title":{"rendered":"Acer Reports Net Income for Q3 2022 at NT$1.88 Billion, for Year-to-September at NT$5.84 Billion with EPS NT$1.94"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1718654\/Acer_Logo_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">TAIPEI<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Nov. 3, 2022<\/span><\/span> \/PRNewswire\/ &#8212; Acer Inc. (TWSE: 2353) announced its financial results for the third quarter of 2022: consolidated revenues were <span class=\"xn-money\">NT$64.89 billion<\/span>; gross profits ended at <span class=\"xn-money\">NT$6.56 billion<\/span> with 10.1% margin; operating income was <span class=\"xn-money\">NT$829.61 million<\/span>; and net income <sup>[1]<\/sup> was <span class=\"xn-money\">NT$1.88 billion<\/span>, which was up 8.8% from the previous quarter or down 37.8% year-on-year (YoY).<\/p>\n<p>For year-to-September, Acer generated consolidated revenues of <span class=\"xn-money\">NT$215.59 billion<\/span>, net income of <span class=\"xn-money\">NT$5.84 billion<\/span>, which was down 32.6% YoY, and earnings per share (EPS) of <span class=\"xn-money\">NT$1.94<\/span>.<\/p>\n<p>Business highlights:<\/p>\n<ul type=\"disc\">\n<li>The public subsidiaries have all announced their business results with profitability. They contributed to 43% of total operating income of the Acer Group while accounting for 16% of total revenues.<\/li>\n<li>Acer strives to optimize its financial position by enhancing its supply chain management and product sell through:<\/li>\n<ul type=\"disc\">\n<li>Inventory level was NT<span><span class=\"xn-money\">$58.13 billion<\/span>, a reduction of <\/span>NT<span><span class=\"xn-money\">$5.31 billion<\/span> and marks a continuous reduction from the first quarter<\/span><\/li>\n<li>Cash flow from operations was NT<span><span class=\"xn-money\">$11<\/span>.78&nbsp;billion<\/span><\/li>\n<\/ul>\n<\/ul>\n<div>\n<table border=\"0\" cellspacing=\"0\" cellpadding=\"0\" class=\"prnbcc\">\n<tbody readability=\"1\">\n<tr readability=\"3\">\n<td class=\"prnpr2 prnpl2 prnvab\" colspan=\"1\" rowspan=\"1\" readability=\"5\">\n<p class=\"prnml4\"><span class=\"prnews_span\"><sup>[1]<\/sup>&nbsp;Net income is reported as profit-after-tax in Acer&#8217;s financial statements<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table><\/div>\n<p><b>About Acer <\/b><\/p>\n<p>Founded in 1976, Acer is one of the world&#8217;s top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer&#8217;s 7,700 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit <a href=\"http:\/\/www.acer.com\" target=\"_blank\" rel=\"nofollow noopener\">www.acer.com<\/a> for more information.<\/p>\n<p>\u00a9 2022 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and\/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.<\/p>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=HK24467&amp;sd=2022-11-03\"> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow noopener\" href=\"https:\/\/www.prnewswire.com\/news-releases\/acer-reports-net-income-for-q3-2022-at-nt1-88-billion-for-year-to-september-at-nt5-84-billion-with-eps-nt1-94--301667377.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/acer-reports-net-income-for-q3-2022-at-nt1-88-billion-for-year-to-september-at-nt5-84-billion-with-eps-nt1-94&#8211;301667377.html<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAIPEI, Nov. 3, 2022 \/PRNewswire\/ &#8212; Acer Inc. (TWSE: 2353) announced its financial results for the third quarter of 2022: consolidated revenues were NT$64.89 billion; gross profits ended at NT$6.56 billion with 10.1% margin; operating income was NT$829.61 million; and net income [1] was NT$1.88 billion, which was up 8.8% from the previous quarter or [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-13222","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Acer Reports Net Income for Q3 2022 at NT$1.88 Billion, for Year-to-September at NT$5.84 Billion with EPS NT$1.94 - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=13222\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Acer Reports Net Income for Q3 2022 at NT$1.88 Billion, for Year-to-September at NT$5.84 Billion with EPS NT$1.94 - My Blog\" \/>\n<meta property=\"og:description\" content=\"TAIPEI, Nov. 3, 2022 \/PRNewswire\/ &#8212; Acer Inc. (TWSE: 2353) announced its financial results for the third quarter of 2022: consolidated revenues were NT$64.89 billion; gross profits ended at NT$6.56 billion with 10.1% margin; operating income was NT$829.61 million; and net income [1] was NT$1.88 billion, which was up 8.8% from the previous quarter or [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/transmediavictoria.net.au\/?p=13222\" \/>\n<meta property=\"og:site_name\" content=\"My Blog\" \/>\n<meta property=\"article:published_time\" content=\"2022-11-03T10:02:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnasia.com\/media2\/1718654\/Acer_Logo_Logo.jpg?p=medium600\" \/>\n<meta name=\"author\" content=\"admin_tony\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin_tony\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=13222#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=13222\"},\"author\":{\"name\":\"admin_tony\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/#\\\/schema\\\/person\\\/5b51d407d652c0aa802bea269ea5d7e7\"},\"headline\":\"Acer Reports Net Income for Q3 2022 at NT$1.88 Billion, for Year-to-September at NT$5.84 Billion with EPS NT$1.94\",\"datePublished\":\"2022-11-03T10:02:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=13222\"},\"wordCount\":356,\"image\":{\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=13222#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnasia.com\\\/media2\\\/1718654\\\/Acer_Logo_Logo.jpg?p=medium600\",\"articleSection\":[\"Business News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=13222\",\"url\":\"https:\\\/\\\/transmediavictoria.net.au\\\/?p=13222\",\"name\":\"Acer Reports Net Income for Q3 2022 at NT$1.88 Billion, for Year-to-September at NT$5.84 Billion with EPS NT$1.94 - 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