Acter expand horizontal integration and Invest copper wasted liquid recycle equipment supplier

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2019-08-12

Acter expand horizontal integration and Invest copper wasted liquid recycle equipment supplier

ACTER GROUP CORPORATION LIMITED(will be abbreviated “Acter” in the after, stock code :5536) announced revenue of July of 2019 and 2019 Q2. Revenues for July 2019 is NTD 0.93 billion. Acter 1H19 revenue is NTD 6.460 billion and net profit is 0.623 billion. Net profit attribute to parent company is NTD 0.528 billion and EPS is $9.78(NTD).


Acter’s business scope includes diverse industries. Base on the horizontal integration of multi-job and multi-industry, the revenue of 2019 has recovered compare to the last quarter. Especially the Semi-conduct industry effected by the China-USA trade war, China companies’ capital expenditure remains conservative between Q418 to 2Q19 and result the China area ‘s revenue of 1H19 decline compare to the same period of last year. For the outlook of China companies’ movement, the deferred projects have gradually released and the industries’ status of 2H19 is expected to surpass1H19. The supply chain of electronic assembly had a transfer cause of the China-USA trade war, business opportunity from old factories refurbishment and new factories expand made Taiwan and Southeast Asia’s order has some increase. By end of June 2019, the order in hand has surpassed the same period of last year.


In addition, to expand the horizontal integration, Acter’s board of directors approved the proposal to invest in Waste Technology Inc. on August 12, 2019. Acter continually investing in new business and increasing the technology capacity makes Acter became one of the few equipment suppliers which able to supply construction, electromechanical engineering service and equipment. The main business scope of Waste Tech is providing recycle equipment for wasted liquids containing copper. The recycle equipment are for PCB relative industries and both TSMC and AUO are Waste’s clients. Acter’s investment in Waste combines Novatech’s stripping wasted liquids reclamation system, it is believed to help Acter Group have a great stride forward in green energy and environment protection field.


Acter 2019/7 Concise Consolidated Revenue Report                                                                                                                             

Unit: NTD thousand

Period

July

2019

June

2019

M-o-M

Increase

(decrease)
 %

July

2018

Y-o-Y

Increase

(decrease)
%

January to July

2019

January to July

2018

Y-o-Y

Increase

(decrease)
%
Revenue 929,535 1,208,839 (23.11) 1,392,196 (33.23) 7,389,685 9,033,375 (18.20)


Acter 2019Q2 Concise Consolidated Revenue Report                                                                                                                           

Unit: NTD thousand

Items/Period

2019/Q2  2018Q2 YoY(%) 2019/1H 2018/1H YoY(%)
Revenue 3,702,405 4,612,242 (19.73) 6,460,150 7,641,179 (15.46)
Profit after income tax-attributable to owners of parent 294,064 429,851 (31.59) 527,759 628,464 (16.02)
EPS 5.45 8.01 9.78 11.73


News Contact:

Acter  Miss Tsao  04-22615288#212  IR@acter.com.tw

Amazing Creativity  Mr. Hu  0952-343-528