Acer Reports Q1 2015 Results: Consolidated Revenues NT$67.95B (US$2.16B), Operating Income NT$304M (US$9.68M), Net Income NT$173M (US$5.52M)
Acer reports gross profits of NT$6.66 billion (US$212.2 million) up 4.5% year-on-year (YOY), and operating income of NT$304 million (US$9.68 million) - up by NT$177 million (US$5.63 million) YOY, despite the 11.4% decline in consolidated revenues. The results reflect Acer’s effective product mix strategy according to market needs, operating expense control and inventory management.
Acer will hold its annual shareholders meeting on June 23 in Taipei.
Note: The exchange rate was US$1: NT$31.4010.