Acer Reports Q2 2021 Results: Net Income of US$104 million

Acer Reports Q2 2021 Results: Net Income of US$104 million

Acer Middle East’s Year-to-Date (January 2021 to Juy 2021)& Year-on-Year results (compared against January 2020 to July 2020) show 48% revenue growth with success in key markets 

Acer Inc. has announced its global financial results for the second quarter of 2021, with consolidated revenues of US$2.85 billion (NT$79.78 billion), the highest in 11 years with 142.5 percent year-on-year (YoY) growth.

The company’s gross profits were US$346 million (NT$9.59 billion) with 12.0percent margin; operating income was US$143 million (NT$3.98 billion), with a historical high margin of 5.0percent; and net income was US$104 million (NT$2.90 billion).[1] In the six months ended June 30, 2021, Acer’s revenue reached US$5.47 billion (NT$151.33 billion), and net income reached US$203 million (NT$5.64 billion), up 221.8 percent YoY.