Acer Reports Q1 2017 Results: Consolidated Revenues NT$56.05B (US$1.85B), Operating Income NT$456M (US$15.02M), Net Income NT$63M (US$2.07M), Gross Profit Margin 9.7%
Acer achieved gross profits of NT$5.43 billion (US$178.82 million) with 9.7% margin, while consolidated revenues for this quarter differed by only 0.5% year-over-year re-affirming Acer’s solid operations and its effective product mix strategy optimized for different market segment needs. Operating income of NT$456 million (US$15.02 million) also reflected the company’s effective marketing activities and operating expense control.
Acer will hold its annual shareholders’ meeting on June 21 in Taipei.
Note: The spot rate used was: US$1: NT$30.336.