Acer earns slim profit in sec­ond quar­ter, ready­ing for the launch of Win­dows 10

The China Post - - LOCAL -

Tai­wanese com­puter maker Acer Inc. re­ported a slim profit for the sec­ond quar­ter of 2015, brac­ing for de­layed pur­chases prior to the launch of the Win­dows 10 op­er­at­ing sys­tem by ad­just­ing its prod­uct strat­egy and cut­ting costs.

The New Taipei-based man­u­fac­turer re­ported net in­come of NT$2 mil­lion (US$79,000) for the AprilJune quar­ter and earn­ings per share (EPS) of NT$0.0008.

Op­er­at­ing in­come was NT$890 mil­lion dur­ing the sec­ond quar­ter on con­sol­i­dated rev­enue of NT$60.2 bil­lion, which de­creased 11.4 per­cent from the pre­vi­ous quar­ter.

Acer said its sec­ond-quar­ter op­er­at­ing mar­gin of 1.48 per­cent im­proved sig­nif­i­cantly from 0.45 per­cent in the first quar­ter, re­flect­ing the com­pany’s ef­fec­tive re­vival plans.

The ris­ing op­er­at­ing and gross mar­gins re­flect Acer’s fo­cus on value cre­ation and an op­ti­mized prod­uct mix strat­egy; while the ef­fec­tive ex­pense con­trol also pos­i­tively im­pacted the over­all prof­itabil­ity and sta­bi­lized oper­a­tions, he PC maker said in a state­ment.

How­ever, Acer ad­mit­ted that its lower-than ex­pected net in­come in the April-June quar­ter was im­pacted by non-op­er­at­ing fac­tors, in­clud­ing for­eign ex­change volatil­ity.

In the first six months of 2015, Acer’s con­sol­i­dated rev­enue fell 18.9 per­cent year- on- year to NT$128.15 bil­lion, re­flect­ing de­layed PC pur­chases as cus­tomers waited for Win­dows 10. The touch­friendly op­er­atin sys­tem was re­leased on July 29.

Acer’s op­er­at­ing in­come reached NT$1.19 bil­lion in the first half of 2015 with op­er­at­ing mar­gin of 0.93 per­cent. Its net in­come was NT$176 mil­lion and EPS was NT$0.06 be­tween Jan­uary and June.

Acer shares fell 0.35 per­cent to close at NT$12.75 on the Tai­wan Stock Ex­change prior to its earn­ings an­nounce­ment.

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