Acer posts bumper 2007 profits

Acer’s board of directors have approved of the company’s 2007 results, with the vendor seeing 25 per cent growth over the past year.

Consolidated revenues for the vendor, including companies that it owns a stake of 50 per cent of more in, hit NT$462.07 billion (£7.6 billion). The results included the final two and a half months of trading from Acer’s new subsidiary Gateway.

The firm’s operating income reached NT$10.19 billion (£167.7 million) during the period – an increase of 30 per cent year-on year growth – with it recording a post-tax profit of NT$12.96 billion (£213.3 million).