Acer Reports September Consolidated Revenues of NT$34.74 Billion, Highest in 14 Years

(FSE:ACE) Acer Inc. announced its consolidated revenues for September at NT$34.74 billion, representing the highest September revenue in 14 years, with a year-on-year growth of 17.6% and a month-on-month growth of 15.1%. Preliminary third-quarter consolidated revenues reached NT$91.82 billion, reflecting a 25.1% year-on-year increase and a 7.6% quarter-on-quarter increase. Preliminary consolidated revenues for the year-to-September totaled NT$249.55 billion, up 24.0% year-on-year. Both the third quarter and year-to-September revenues achieved record highs for the same period in 13 years. In September, revenues from PCs grew 14.8% year-on-year, while for the year-to-September, PC revenues grew 21.4% year-on-year. Chromebook revenues increased 4.2% year-on-year in September and 11.1% year-on-year for the year-to-September. Revenues from the commercial line grew 7.0% year-on-year in September and 34.2% year-on-year for the year-to-September. Tablet revenues surged 126.6% year-on-year in September and 12.7% year-on-year for the year-to-September. Total revenues from businesses other than personal computers and displays grew over 35.9% year-on-year for the year-to-September, contributing 34.7% of the group's total revenues. Among businesses under incubation, Acer ITS Inc.'s revenue grew 48.6% year-on-year for the year-to-September, and Acer Fashion Inc.'s revenue grew 15.1% year-on-year for the year-to-September. The Acer Group employs nearly 12,000 employees.