Acer Registers 16.6% Fall In Q114 Revenue

News: Taiwan-based Acer registered a 16.6% year-on-year fall in revenue to TWD76.72bn (USD2.51bn) in Q114. The firm posted a quarter-on-quarter growth in operating profit to TWD127mn (USD4.15mn) in Q114. The growth in operating profit has been attributed to the effective control of inventory and costs, stabilising gross profit and other factors. Acer's net profit amounted to TWD1mn (USD32,716) in Q114.

This article is tagged to:
Sector: Telecommunications, Consumer Electronics
Geography: Taiwan

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