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- Acter's revenue in July increased15%YoY, the second-highest in history for the same period Growing Demand for Multi-Industry Factory Construction Creates Positive Momentum for Future Operations
2024-08-09
Acter's revenue in July increased15%YoY, the second-highest in history for the same period Growing Demand for Multi-Industry Factory Construction Creates Positive Momentum for Future Operations
Acter Group Co., Ltd. ("Acter", Taipei Stock Exchange: 5536), a high-end cleanroom integration engineering, announced today that its consolidated revenue for July 2024 reached NT$2.21 billion(15%YoY), marking the second-highest figure for the same period in history. The cumulative consolidated revenue from January to July 2024 reached NT$15.34 billion(10%YoY), setting a new high for the same period in history.
Acter has benefited from the continued increase in factory construction demand in Southeast Asia and Taiwan, effectively managed raw material procurement lead times, project workforce allocation, and construction process optimization. This approach has successfully responded to customer demand, contributing to a high level of backlogs, and driving revenue in the first seven months to a record high for the same period in history.
According to Omdia's estimates, with the development of AI, edge computing, and high-speed cloud computing technologies, renowned international companies are increasing their investments in data center construction worldwide. It is estimated that related capital expenditures for data centers will grow by 28.5%YoY in 2024. Furthermore, Moody's forecasts that the Asia-Pacific region will be the fastest-growing area for global data centers and the capacity of the data center, which is under construction, would exceed 4,400 MW. Most of the new capacity is expected to be completed by 2025, which will create significant business growth opportunities for Acter.
Looking ahead to the third 3Q of 2024, as the expansion of data centers continually increases the demand for electricity and water resource management, and in response to the increasingly strict global environmental regulations, Acter has relied on its long-standing achievements in the field of EMS(Energy Management System) of data center and green technology to effectively reduce carbon emissions and energy consumption from the construction phase to the operational phase and to meet the demands and goals of green development. Acter currently has a high level of backlogs and is actively pursuing new expansion opportunities, which is expected to maintain upward growth momentum in its future operations.
*The number is unaudited.
Acter Consolidated Sales Report:
Unit: NTD thousand;%
2024 | 2023 | YOY(%) | |
July | 2,205,562 | 1,917,166 | 15.04 |
January to July | 15,341,880 | 13,890,801 | 10.45 |
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