Acer Inc.’s Q1~Q3 revenue of this year is US$2.52B (NT$80.68B), compared to the same period of last year at US$ 2.93 B (NT$92.95B), showing a moderate decrease of 13.2 %; PAT of Q1~Q3 2000 is US$192M (NT$6.16B) compared to last year’s US$149M (NT$4.75B), indicating an increase of 29.5%; the EPS of Q1~Q3 2000 remains unchanged compared to last year’s and fulfills 77% of its adjusted estimate.
Philip Peng, Senior Vice President of Corporate Finance, Acer Inc. states, ‘The current worldwide decline in demand for PCs has resulted in a reduction of our OEM business, and therefore has affected our Q1~Q3 revenue. The lackluster performance of Acer Inc.’s major invested companies has a slight impact on its profit through the equity method; furthermore, the profit from potential disposal gains has decreased with the postponement of disposal activities due to the plummeting of worldwide stock markets. Altogether, these shortfalls form the main reason to modify Acer Inc.’s financial forecast this year.
