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Acer reports 1H10 gross margin of 9.85%

Source :Digitimes          update : 2010-09-03

Acer has reported a gross margin of 9.85%, net operating profit of NT$8.52 billion (US$259 million) over consolidated revenues of NT$312.39 billion with net profits of NT$6.921 billion and EPS of NT$2.62 for the first half of 2010.

Acer's first-half consolidated revenues saw a growth of 31% on year with the amount in the second quarter growing 26% on year to reach NT$150.26 billion.

Since Acer chairman JT Wang recently said that he expects the company to see a growth of 10-15% sequentially in the third quarter, the company should be able to hit NT$165-173 billion in its third-quarter revenues.