Acer Inc.'s Board of Directors has approved of the year 2007 financial results: the consolidated revenue reached NT$462.07B (US$14.07B), representing 25% in annual growth. The result includes revenue of the final 2.5 months in 2007 from Acer's wholly owned subsidiary, Gateway Inc.
Acer's 2007 operating income reached NT$10.19B (US$310.17M), marking 30% on-year growth and represented 79% of profits after tax (PAT) at NT$12.96B (US$394.65M). Meanwhile, earnings per share (EPS) was NT$5.48.
For Q4 2007, Acer's consolidated revenue was NT$147.10B (US$4.48B) for 24% growth on year. Operating income was NT$3.47B (US$105.64M), marking 45% growth on year.
The Acer shareholders' meeting will be held in Taipei on June 13, 2008.
Acer Inc. 2007 financial results:
2007 2006 Q4 2007 Q4 2006
Consol. revenue NT$462.07B
US$14.07B NT$369.09B
US$11.24B NT$147.10B
US$4.48B NT$118.52B
US$3.61B
Operating income NT$10.19B
US$310.17M NT$7.81B
US$237.91M NT$3.47B
US$105.64M NT$2.40B
US$72.97M
PAT NT$12.96B
US$394.65M NT$10.22B
US$311.18M NT$2.40B
US$73.00M NT$1.27B
US$38.52M
EPS NT$5.48 NT$4.45
Acer Inc. consolidated revenue includes revenues from other companies in which Acer Inc. has 50% or more ownership, and already deducts any revenues between Acer Inc. and these companies to avoid double-counting.
The exchange rate was US$1: NT$ 32.8365
About Acer
Since its founding in 1976, Acer has constantly pursued the goal of breaking the barriers between people and technology. Focused on marketing its brand-name IT products around the globe, Acer ranks as the world's No. 3 (Q407) vendor for total PCs and No. 2 for notebooks, with the fastest growth among the top-five players. A profitable and sustainable Channel Business Model is instrumental to Acer’s continued growth, while a successful merger of Gateway Inc. as a wholly owned subsidiary completes the company’s global footprint by strengthening its presence in the U.S. and enhancing its strong position in Europe. Acer Inc. employs 5,300 people worldwide. Estimated revenue for 2007 is US$14.06 billion. See www.acer.com for more information.
Acer and the Acer logo are registered trademarks of Acer Incorporated. Microsoft and Windows are registered trademarks of Microsoft Corporation. Intel and Pentium are registered trademarks of Intel Corporation. Other trademarks, registered trademarks and/or service marks, indicated or otherwise, are the properties of their respective owners.
