Acer Reports February Consolidated Revenues of NT$11.23 Billion

Acer Inc. (TWSE: 2353) announced its consolidated revenues for February 2020 at NT$11.23 billion, down by 17.1% month-on-month, 22.4% year-on-year. Year-to-February revenues was NT$24.78 billion, down by 20.4% year-on-year. The revenues reflected the coronavirus’ impact on supply chains, which are still recovering and are expected to return to normal by middle of the second quarter.

Acer’s new businesses continued their momentum during February. Revenues for Acer Cyber Security grew 35.4% year-on-year and Weblink International grew 53.5% year-on-year. Weblink International is expected to become listed on the Taipei Exchange at the end of March.

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