Home > Brands > Acer > Acer Hits Record High Margin Of 3.2% In Q2

Acer Hits Record High Margin Of 3.2% In Q2

Acer’s operating income hit NT$2.13 billion (A$100 million) in the second quarter of the year, marking a record high margin of 3.2%. This was driven by the strong demand for work-from-home and distance learning products.

The company’s consolidated revenues stood at NT$65.58 billion (A$3.1 billion), while gross profits reached NT$7.14 billion (A$340 million).

The company’s multiple business engines continued their strong momentum through the quarter, with Acer Cyber Security recording year-on-year (y-o-y) growth of 24%, Weblink International grew by 25% y-o-y and Acer Synergy Tech surged by 88% y-o-y.

Acer also launched a host of new consumer products and won numerous awards in the second quarter.

For example, in June Acer launched a new rugged notebook, the Acer Chromebook Spin 713, as well as a range of new Predator gaming laptops, including the Predator Helios 700, Predator Helios 300, Predator Triton 300, and Nitro 7.


You may also like
Get COVID Jab Or We’ll Block Your Mobile SIM: Government
COMMENT: Is Microsoft Set To Seriously Hurt Sony’s PlayStation Strategy?
Victoria Flags Mandatory QR Codes In Workplaces
Government To Vaccinate Employees At Samsung & LG
SMEs Under Pressure As Pandemic Subsides