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Acer 2013 Financial Results: Consolidated Revenues NT$360.13B (US$12.02B), Operating Loss NT$11.41B (US$380.97M), PAT -NT$20.52B (-US$685.11M), EPS -NT$7.54, Book Value per Share NT$20.7
TAIPEI, TAIWAN (2014-03-27)
Acer Inc. announces the 2013 financial results, with consolidated revenues of NT$360.13B (US$12.02B), down 16.2% YOY; operating loss of NT$11.41B (US$380.97M), profits after tax (PAT) of -NT$20.52B (-US$685.11M), earnings per share (EPS) of -NT$7.54, and book value per share of NT$20.7. The results deviate only marginally from preliminary figures announced on January 17.
On a sequential basis, consolidated revenues in Q4’13 was NT$86.64B (US$2.89B), down 6% from Q3’13. Operating loss was NT$8.26B (US$275.63M), PAT was -NT$7.57B (-US$252.79M) and EPS of -NT$2.78.
Acer will hold its shareholders’ meeting on June 18 in Taipei. Transfer books and registration of members of the company will be closed from April 20 to June 18.
The exchange rate at the year end of 2013 was used – US$1: NT$29.95.
Acer Inc. consolidated revenue includes revenues from other companies in which Acer Inc. has 50% or more ownership, and already deducts any revenues between Acer Inc. and these companies to avoid double-counting.