Acter Group Co., Ltd. (hereinafter “Acter*”, Ticker: 5536 TT) was invited to attend the Taipei Exchange’s 1H2023 Financial Result Presentation today (Aug 22nd, 2023). Despite the challenging and uncertain operational environment in 2023, Acter* has taken a proactive approach by enhancing communication with its customers. Acter* continues to expand its customer base and venture into new industries, diversifying its business portfolio to mitigate negative impacts. In terms of project execution, the company is committed to improving project engineering efficiency, closely monitoring raw material procurement lead times, and implementing modular operational processes in production. Despite the tight challenges in the supply chain, Acter* has managed to achieve steady growth in performance. In the first half of 2023, the company's consolidated revenue reached NT$11.97 billion, marking a 1% growth compared to the same period last year. The net profit attributable to the parent company after tax was NT$990 million, resulting in an earnings per share (EPS) of NT$8.17. This showcases an impressive profitability, with a year-on-year increase of 37% and 30%, respectively.

By regions, in the first half of the year, revenue distribution in Taiwan accounted for 48%, mainland China 44%, and Southeast Asia 8%. By industry, semiconductors contributed 61%, electronic assembly 19%, and other sectors 20%. In terms of project type, revenue primarily stemmed from cleanroom electromechanical integration, accounting for 57%, followed by water and gas supply system engineering at 33%. Despite ongoing uncertainties in the overall economy and semiconductor industry recovery, Acter*'s strategy involves diversifying its business layout across multiple industries, regions, and fields to mitigate adverse impacts. Coupled with over NT$30 billion accumulated backlog, the group's operations are well-supported for the next 1-2 years.

Acter* states that its core business revolves around engineering system integration services, with its core competence lying primarily in the planning, integration, and execution of intelligent green projects. The company aims to assist clients in achieving energy-saving and carbon reduction objectives. In light of global climate change and industry transformation challenges, Acter* is committed to investing in the research and development of green innovative technologies. From a technical standpoint, the company offers energy-efficient and environmentally friendly engineering solutions, leveraging its expertise and accumulated knowledge in collaboration with partner firms. This collaborative effort is geared towards creating high-value, low-energy consumption, and low-pollution spaces, providing clients with services aligned with green sustainability principles and responsibility. Acter* take initiatives for green engineering, aiding clients in reaching carbon neutrality and collectively progressing towards a sustainable vision.

Acter* has been in the top 5% of corporate governance ratings for eight consecutive years. It has maintained its position in the top ten midsize enterprises for seven consecutive years in the 'Sustainable Citizen Award' presented by CommonWealth Magazine. This year, it has been selected as a constituent stock in the MSCI Global Small Cap Index. Furthermore, Acter* has been recognized as one of the 25 outstanding Taiwanese enterprises in the recent Asia-Pacific 'Best Under A Billion' list published by Forbes. The company's exceptional performance is not only evident in its operational achievements, but also in its noteworthy environmental, social, and corporate governance (ESG) performance.

Looking ahead to the second half of the year, the company continues to enhance the training and professional knowledge of its internal staff, aiming to elevate the efficiency and collaboration capabilities of its construction teams. These efforts have ensured a steady improvement in engineering quality, allowing for smooth project execution, and progress will continue to be recognized in accordance with schedules. Regarding new projects, the group's acquisition of fresh orders is gradually strengthening. The investments in the third-generation semiconductor sector in both mainland China and Taiwan, the industry chain is dispersed to Southeast Asia, AI drives opportunities for industry capital expenditures are all beneficial for Acter*'s performance. The global restructuring of supply chains is driving various industries to accelerate their investments in Southeast Asia, generating ongoing business opportunities. Acter*'s deep-rooted operations in this region provide a certain advantage in this regard. In Taiwan, while the momentum of project growth might moderate due to a high base period, Taiwan remains a crucial manufacturing and research hub for high-tech industries such as semiconductors, electronics, information technology, electronic components, and optoelectronics on a global scale. Customers are poised to continue investing, presenting new opportunities for Acter*.

News Contact:

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

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