Acter Group Co., Ltd. ("Acter", Taipei Stock Exchange: 5536) convened the 2024 shareholders' meeting today, during the meeting, they announced the 2023 operating report, financial statements, and approved various discussion proposals, the company distributed a cash dividend of 4.5 NT dollars per share for the first half of 2023 (already distributed on February 2, 2024). And for the second half of 2023, the company distributed a cash dividend of 6 NT dollars per share(expect to distribute on July 26), totaling distributed a cash dividend of 10.5 NT dollars per share for the full year of 2023, the payout ratio reached 70%. If recalculated based on a per-value of 10 NT dollars, the company distributed a cash dividend of 21 NT dollars per share for 2023, setting a second historical high for the same period compared to previous years.

At the shareholders' meeting, the chairman noted that due to the expansion of single project contracts size in Southeast Asia, the company plans to expand the business landscape and investment in Southeast Asia, adding momentum to the group's growth engine. At this shareholder meeting, there were elected for three directors and four independent directors. The newly elected directors include Mr. Liang Chin Li, Mr. Hu, Tai-Tsen, and Ms. Wu, Pi-Huei (representative of Xiang-Hui Development Co., Ltd.). The independent directors elected are Ms. Huang Tzu Pei, Mr. Chi Chih Yi, Ms. Chiu Hui Yin, and Ms. Liang Lien Wen. The term for the new directors (including independent directors) is three years, from May 24, 2024, to May 23, 2027. Mr. Liang Chin Li was highly endorsed and re-elected as chairman after the interim meeting of the board.

Acter pointed out that to ensure the diversification and independence of the board members, the seats of independent director are more than half in this election, and the total of female representation on the board reached to 57%. The composition of members encompasses diverse professional backgrounds and fields, aligning with the company's developmental needs, leading the board towards multiple thinking and strategies, deepen sustainable development and maximize value for shareholders, employees, the supply chain, and customers.

Acter announced the consolidated revenue for 2023 reached NT$25.06 billion, resulting the after-tax income attributable to the owners of the parent company reached NT$1.84 billion, the EPS reached NT$15.03. Benefiting from diversified industry custom quality and regional talent training, and the integration of business resources, the strategic advantages are becoming evident. In addition to the rigorous control of operating costs and expenses, the overall of gross margin, operating profit margin, and net profit margin after tax increased to 20%, 13%, and 10%, respectively, the company's revenue and profits, both reaching the second highest levels in the same period in its history in 2023.

Acter has extensive experience in executing overseas projects and establishing localized business operations, the percentage of sales revenue for 2023 stand at 42%, 49%, and 9% for Taiwan, China, and Southeast Asia regions, respectively. Acter Group leveraging its core strategies of deepening across multiple industries, regions, and sectors, effectively responding to market fluctuations, propelled Acter's total volume of the orders on hand to setting a second historical high for the same period compared to previous years.

Looking ahead to Q2 2024, Acter is keeping a cautiously optimistic mind, continuing to expand order performance in Taiwan, China, and Southeast Asia, while also expanding the footprint in the Asian market for cleanroom and electromechanical integration services, maintain high visibility for ongoing construction projects and boost the overall operational momentum of the group. Recognizing the demand for green and sustainable transformations across industries and the global AI boom has sparked a demand for capital expenditure, Acter continues to develop innovative green construction methods, offering energy-saving upgrade plans for existing factories. High quality and positive word-of-mouth continuously enhancing the business stickiness among customers, laying the foundation for a competitive position as an international-level comprehensive electromechanical professional EPCM service provider.

IR Contact:

Acter’s Spokesperson             Jeff Liang          (04)2258-1516    IR@acter.com.tw

IR Trust Vice President          Sandy Cheng    (02)2585-5701    sandy@ir-trust.tw