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Acer Reports December 2019 Consolidated Revenues of NT$23.27 Billion, Up 13.9% MoM and 8.1% YoY

Published: Jan 09,2020

TAIPEI, Taiwan- Acer announced its consolidated revenues for December 2019 at NT$23.27 billion, up 13.9% month-on-month and by 8.1% year-on-year. The fourth quarter revenues reached NT$61.52 billion, down 2.2% quarter-on-quarter and by 3.4% YoY. The year-to-December revenues reached NT$234.22 billion, down 3.3% YoY.

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In the fourth quarter 2019, Acer’s business showed strength in Southeast Asia, Russia, and Latin America, while shipments from the gaming line[1] grew by 21.2% YoY.

The multiple business engines have continued their momentum and are seeing viable growth, these include Acer Cyber Security, Acer Synergy Tech, Weblink International, and Acer e-Enabling Service Business. The strategy of listing subsidiaries are progressing according to plan. During the fourth quarter, AST (stock ticker: 6751) became listed on the emerging market of the Taipei Exchange, while Weblink International (stock ticker: 6776) has begun its public offering process.

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