Le Lézard
Classified in: Science and technology, Business
Subjects: ERN, ESG

Acer Reports October Consolidated Revenues at NT$ 18.05 Billion


Focusing on reducing inventory and increasing net cash

TAIPEI, Nov. 9, 2022 /PRNewswire/ -- Acer Inc. (TWSE: 2353) reports its October consolidated revenues at NT$18.05 billion. Its year-to-October revenues reached NT$233.63 billion, down 10.3% year-on-year YoY. Acer is focusing on reducing inventory levels and increasing net cash to weather through the industry challenges.

Business highlights include:

Acer is committed to making ESG (environment, social, governance) initiatives a sustainable business. The eco-conscious Vero line built with recycled materials has been well received in the market. Revenue from the Vero business grew more than 30% in October YoY.

About Acer

Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,700 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.

© 2022 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

SOURCE Acer


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News published on 9 november 2022 at 06:21 and distributed by: