TAIPEI, Taiwan- Acer announced its consolidated revenues for December 2019 at NT$23.27 billion, up 13.9% month-on-month and by 8.1% year-on-year. The fourth quarter revenues reached NT$61.52 billion, down 2.2% quarter-on-quarter and by 3.4% YoY. The year-to-December revenues reached NT$234.22 billion, down 3.3% YoY.
In the fourth quarter 2019, Acer’s business showed strength in Southeast Asia, Russia, and Latin America, while shipments from the gaming line[1] grew by 21.2% YoY.
The multiple business engines have continued their momentum and are seeing viable growth, these include Acer Cyber Security, Acer Synergy Tech, Weblink International, and Acer e-Enabling Service Business. The strategy of listing subsidiaries are progressing according to plan. During the fourth quarter, AST (stock ticker: 6751) became listed on the emerging market of the Taipei Exchange, while Weblink International (stock ticker: 6776) has begun its public offering process.
