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Acter Group Co., Ltd (5536) 2021 First Quarter EPS Reached $3.13(NTD). Revenue for April 2021 is NTD 1.934 billion and consecutive reached new high of the same period

For Six Consecutive Years Corporate Governance Evaluation Ranked Top 5% of all TPEx-Listed Companies. Efforts on Sustainable Development of the Enterprise Reached a Remarkable Result.

Acter Group Co., Ltd. (will be abbreviated “Acter” in the after, stock code :5536) announced 1Q of 2021 performance and revenue for April 2021.

 

Key Highlights

  • On a consolidated basis, revenue for the first quarter of 2021 is NTD 3.576 billion, Acter benefits from the Cleanroom and Electro-Mechanical Integration Engineering accelerate the process of construction, the revenue for the first quarter has a 16% increase compare to the same period of last year. Besides, for keeping construction in process as a stable construction period and increase the human resource for uprising operation, the operation expense increased compare to the same period of last year. Net profit after tax attributable to parent company amounted to NTD 178 million, and earnings per share (EPS) reached $3.13(NTD). Net profit after tax attributable to parent company has a 18% decrease compare to the same period of last year due to the first quarter has less high margin service revenue compare to the period of last year, operation cost increased due to the price of material and labor cost increased and the strategic projects with lower gross margin.

  • The regional revenue proportions of China, Taiwan and Others (included Southeast Asia) for 1Q of 2021 are 45%, 42% and 13% and the regional revenue growth of Taiwan and Others (included Southeast Asia) are 12% and 90%. Especially in Group new order amounts for 1Q of 2021 has a significant grow compare to the same period of last year, provides a support for construction in process a high level visibility and create a well develop vision for the Group operation.

  • Revenue for April 2021 is NTD 1.934 billion and compare to the same period of last year NTD 1.404 billion which has a 38% increase. Acter still benefits from the major clients continuously accelerate the construction process of Cleanroom and Electro-Mechanical Integration Engineering, the Group’s performance keep growing and the consolidated revenue achieved a brilliant record of five consecutive months reached the same period new high of history.

  • Outlook 2Q of 2021, Acter holds cautious optimism attitude. Acter focus on the multi- industries, multi-regions and multi-jobs strategy, optimistic of the global supply chain reengineering and return of overseas Taiwanese capital, and crate a good grow environment for Acter. Acter expects abovementioned effects will push forward the Cleanroom and Electro-Mechanical Integration Engineering construction continuously maintain well demand, create a good grow environment for Acter, and provide a support for construction in process a high level visibility. In overall order strategy, besides of deepen the Cleanroom and Electro-Mechanical Integration Engineering construction, Acter integrates resource to provide Engineering, Procurement and Construction Management (EPCM) service and have the chance to support Acter’s operation into the next level.

 

2021 1Q Review

On a consolidated basis, revenue for the first quarter of 2021 is NTD 3.576 billion. Acter benefits from the semiconductor, electronics and biochemical industries’ increasing demand of expand factories or production capacity. The Cleanroom and Electro-Mechanical Integration Engineering accelerate the process of construction, the revenue for the first quarter has a 16% increase compare to the same period of last year. Net profit after tax attributable to parent company amounted to NTD 178 million, and earnings per share (EPS) reached $3.13(NTD). Net profit after tax attributable to parent company and earnings per share have 18% and 22% decrease compare to the same period of last year, due to the first quarter has less high margin service revenue compare to the period of last year, operation cost increase due to price of material and labor cost increased, strategy projects with lower gross margin, and increase of capital.

Acter indicated that benefits from the trend of global supply chain reengineering, accelerate the scatter of production bases, push forward the demand of new factories and expand production capacity in Taiwan and Southeast Asia regions. The regional revenue proportions of China, Taiwan and Others (included Southeast Asia) for 1Q of 2021 are 45%, 42% and 13% and the regional revenue growth of Taiwan and Others (included Southeast Asia) are 12% and 90%. Especially in Group new order amounts for 1Q of 2021 has a significant grow compare to the same period of last year, provides a support for construction in process a high level visibility and create a well develop vision for the Group operation.

Besides, the overall industry confronted the short of material and human resource in the first quarter of 2021. Although the overall operation cost and expense increased, Acter still continuously through internal optimize management, material efficiency application, standardize the equipment installation and construction process to make regional constructions achieved excellent quality, reduce the construction risk, project management one take strategies. The gross margin decreased compare to the same period of last year due to less of high margin service revenue and strategic projects with lower gross margin which are acquired last year and begin the projects this year, and Acter is optimistic to improve the following quarters’ performance through optimize management.

 

2021 April Review

Revenue for April 2021 is NTD 1.934 billion and compare to the same period of last year NTD 1.404 billion which has a 38% increase. Acter benefits from the major clients continuously accelerate the construction process of Cleanroom and Electro-Mechanical Integration Engineering, the Group’s performance keep growing and the consolidated revenue achieved a brilliant record of five consecutive months reached the same period new high of history. The accumulated consolidated revenue from Jan to April is NTD 5.510 billion and has a 23% increase compare to the same period of last year.

 

2021 2Q Outlook

Outlook 2Q of 2021, Acter holds cautious optimism attitude. Acter focus on the multi- industries, multi-regions and multi-jobs strategy. Under the effects of the U.S.-China trade war and Covid-19 Pandemic, Acter is optimistic of the global supply chain reengineering and return of overseas Taiwanese capital, and crate a good grow environment for Acter. According to the current level of overall construction in process, it has the chance to improve Group’s overall operation scale. Besides, Acter has the flexibility to fulfill the multi-size projects, years of overseas project experience, enhance the vertical and horizontal integration benefit, integrates resource to provide Engineering, Procurement and Construction Management (EPCM) service and support Acter’s operation into the next level.

Acter puts a lot of efforts on deepen corporate governance and implements core ability to fullfill corporate social responsibility and pursuing sustainable development. Acter achieved the highest honor for six consecutive years Corporate Governance Evaluation Ranked Top 5% of all TPEx-Listed Companies which is held by Securities and Futures Institute. The corporate governance evaluation system use four perspectives which are "Protecting Shareholder Rights and Interests and Treating Shareholders Equitably ", "Enhancing Board Composition and Operation", "Increasing Information Transparency", and "Putting Corporate Social Responsibility into Practice", and 82 item of indicators, synthetically evaluate the enterprise’s overall corporate governance and the indicators’ difficulty will increase yearly. That shows Acter’s determination and result for increasing shareholder rights and interests, enhancing board composition and operation, putting corporate social responsibility into practice, increasing information transparency and follow relative rules and regulations, head to sustainable development of the enterprise and enhance the concept of Environment, Social responsibility, Governance (ESG).

 

Acter 2021Q1 Concise Consolidated FS Report            Unit: NTD thousand/%

Items/Period 2021Q1 2020Q1 YOY (%)
Revenue 3,575,581 3,079,957 16.09
Profit after income tax-attributable to owners of parent 178,267 217,285 (17.96)
EPS
3.13 4.01 (21.95)

 

Acter 2021/04 Concise Consolidated Revenue Report                                         Unit: NTD thousand/%

Year

Period

2021  2020 YOY(%)
April 1,934,219 1,403,860 37.78
January- April 5,509,800 4,483,817 22.88

 

News Contact:

ACTER GROUP CORPORATION LIMITED  Senior Manager  Miss Tsao  (04)2261-5288  ir@acter.com.tw