Acter Group Co., Ltd. (will be abbreviated “Acter” in the after, stock code:5536) announced 2nd Q of 2022 performance.

Key Highlights

• On a consolidated basis, revenue for the second quarter of 2022 is NTD 6.54 billion, profit after tax attributable to the parent company NTD 0.37 billion, Earning Per Share (EPS) NTD 6.42, and the overall operation performance grows. The first half-year consolidated revenue reached NTD 11.9 billion, profit after tax attributable to the parent company NTD 0.72 billion, and Earning Per Share (EPS) NTD 12.58 has over one share par value, which are 32%, 41%, and 41% yearly increase, respectively. Above mentioned outstanding performance renews the same period history new high record.
• The demand from Acter’s main clients remains at a good level. Based on the sale districts, the second quarter revenue from the Taiwan district has a strong growth, which reached a historic new high and occupied 57% of the overall revenue. The Group strengthens the advantages and Acter’s business expansion in the multi-industries and the multi-regions market may have a further step to develop competitive advantages and synergy, and push the Group’s operation to keep increasing.
• Acter’s board of directors resolved the last trading date for the old shares which par value change from NTD 10 to NTD 5 is September 6, the trading suspension period of original shares is from September 7 to September 16, the record date for the replacement of shares and the effective date of the conversion price adjustment of convertible bond is September 16, TPEx listing and trading date for the new shares is September 19, the reference price of the new shares is one half of the closing price of the last trading date, and the adjusted conversion price of convertible bond is also one half of the original conversion price. The company’s capital remains unchanged and unaffected the original shareholders’ equity, it’s expected to increase the outstanding shares, let more investors involved, and prosper the market transactions. The rights and obligations of these shares for the replacement are the same as for the original shares, but the net worth per share or earnings per share shall vary with the par value change.
• Looking forward to the third quarter of 2022, Acter’s order backlogs still stay in good visibility and deem a middle-long term stable growth operation. Acter continues to implement the multi-industries and the multi-regions, and the multi-type of engineering work important operation strategies, stably expand the districts’ professional engineers and training talents, increase green technology and ability of design and plan. It’s expected to enhance the overall competitive advantage and increase additional value on the existing foundation, create a multi-win with the clients, and help the future’s operation step forward.

2022 2nd Q Review

• On a consolidated basis, revenue for the second quarter of 2022 is NTD 6.54 billion, profit after tax attributable to the parent company NTD 0.37 billion, and Earning Per Share (EPS) NTD 6.42. It benefits from the Group’s good overall take order situation and the prosperous project completion recognition conditions. The overall operation remains over a certain level, coordinate with the adjustment of different scale project combinations, precisely control overall project cost and project expense, deal with China’s covid lockdown and outside multi-challenges in the second quarter, the overall revenues still break the headwind and present a historic new high performance. The first half-year consolidated revenue reached NTD 11.9 billion, profit after tax attributable to the parent company NTD 0.72 billion, Earning Per Share (EPS) NTD 12.58 has over one share par value, which are 32%, 41%, and 41% yearly increase, respectively. Above mentioned outstanding performance renews the same period history new high record.
• Acter indicated that based on the Group’s outstanding project quality and delivery on time, and the demand of Acter’s main clients remain good level, the second quarter revenue from Taiwan district has a strong growth, which reached the history new high and occupied 57% of the overall revenue and provides the momentum of the Group’s overall operation. The Group strengthens the advantages and Acter’s business expansion in the multi-industries and the multi-regions market may have a further step to develop competitive advantages and synergy and push the Group’s operation to keep increasing.
• Acter further indicated that Acter enhances on optimizing the overall operation profitability, deepening and optimizing the material purchase, well arrangement of professional engineers and expense control, the annualized ROE and ROA for the second quarter of 2022 are 27% and 10%, respectively.
• Acter’s board of directors resolved the last trading date for the old shares which par value change from NTD 10 to NTD 5 is September 6, the trading suspension period of original shares is from September 7 to September 16, the record date for the replacement of shares and the effective date of the conversion price adjustment of convertible bond is September 16, TPEx listing and trading date for the new shares is September 19, the reference price of the new shares is one half of the closing price of the last trading date, and the adjusted conversion price of convertible bond is also one half of the original conversion price. The company’s capital remains unchanged and unaffected the original shareholders’ equity, it’s expected to increase the outstanding shares, let more investors involved, and prosper the market transactions. The rights and obligations of these shares for the replacement are the same as for the original shares, but the net worth per share or earnings per share shall vary with the par value change.

2022 3rd Q Outlook

• Looking forward to the third quarter of 2022, Acter’ order backlogs still stay in good visibility and deem a middle-long term stable growth operation. Under the global supply chain reconstruction trend which would continue to create the multi-industries factory expansion demand and Acter would continue to expand the take orders performance and implements the multi-industries and the multi-regions, and the multi-type of engineering work important operation strategies, stably expand the districts’ professional engineers and training talents, increase green technology and ability of design and plan. It’s expected to enhance the overall competitive advantage and increase additional value on the existing foundation, create a multi-win with the clients, and help the future’s operation step forward.

(Attachment) Acter 2022 2nd Q Concise Consolidated FS Report：                                                   

Unit: NTD thousand/%

News Contact:

ACTER GROUP CORPORATION LIMITED:

Assistant Vice President     Miss Tsao   (04)2261-5288  ir@acter.com.tw