Acter Group Co., Ltd. (hereinafter “Acter*”, Ticker: 5536 TT) announced April 2023 revenue. On a consolidated basis, our April 2023 revenue reached NTD2.24 billion, increased 20% YoY. 2023 accumulated revenue grew 8% YoY to NTD7.81 billion. Despite the challenges faced in the supply chain, Acter* continued to deliver revenue growth, demonstrating excellent project management capabilities. Compared to last year, the overall supply chain tightness, including factors such as raw materials and labor, continues to affect project execution. In addition to strengthening relationships with certified suppliers and contractors to ensure the normal supply of raw materials, Acter* has also mitigated the supply chain risks by balancing procurement and outsourcing and implementing strict cost control measures. This has enabled accurate cost estimation and control, active tracking of project progress and adjustment of project schedules in various locations, ensuring the execution of project budgets and schedules, and maintaining steady growth.

2023 Outlook:

Looking forward, although Taiwan's new order momentum is like to decelerate due to high base in 2022, in the long run, the structural growth in demand for semiconductors driven by artificial intelligence and electric vehicles will lead to continuous investment and expansion by Taiwan's semiconductor factories to maintain their leading position. Taiwan's integration into the global resilient supply chain process will continue to bring new opportunities for Acter* as customers continue to invest. In mainland China, customers' investments in mature semiconductor manufacturing process and the development of third-generation semiconductors will continue to drive new project opportunities, and Acter*'s new orders from mainland China would increase. In the Southeast Asian regions, Acter*'s new orders momentum should accelerate with opportunities coming from the reallocation of the global supply chain. For new project opportunities, Taiwan and China are still the main contributing regions, while the Southeast Asian regions will show a strong momentum. Although operating environment remains challenging, Acter*'s strategy is to reduce negative impact through a business layout of multiple industries, regions, and skill sets. In addition, with accumulated backlog totaling more than NT$30 billion, the group's operations are supported for the next 1-2 years.

Acter*'s vision is to "implement ESG principles and develop green businesses," focusing on core businesses and industry innovation, linking UN sustainable development goals with the company's core strengths to strive for more engineering opportunities. Acter* will continue to invest in the research and development of green innovative technologies, providing customers with energy-saving/green energy environmental protection engineering solutions from a technical perspective, and integrating professional skills and accumulated knowledge and experience to collaborate with partners. In the global market environment that promotes ESG, Acter* takes on the role of a green engineering driver, assisting customers in achieving carbon neutrality and creating green business opportunities.

*The number is unaudited.

Acter* Monthly Sales (April 2023)：                         

Unit: NTD thousand；%

2022 Dividend Semi-Annual Payout Schedule (par value NT$5/share)

The company's par value per share is NT$5. Total cash dividend reaches NT$11.92 per share in 2022. If converted to 10 par value per share, the distribution is equivalent to NT$23.84 in cash dividends.

IR Contact:

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

IPR Advisors   Tim Chen   (02)2758-0339  ir@ipradvisors.com