June 26, 2019

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Acer hits highest profit in 27 quarters

Tech vendor Acer has announced that its after-tax profits for the third quarter of 2017 hit their highest level in 27 quarters. Acer posted sales of NT$60.58 billion (US$2.01 billion) for the quarter – up 13% sequentially and 3.4% year-on-year. After tax profits hit NT$1.45 billion (US$48.2m) – up more than fivefold year-on-year. Acer claimed that the results demonstrated the company’s strong business momentum, stabilising operations and renewed profitability. Read full story

by Stuart Wilson, Thursday 16 November 2017

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