Acter Group Co., Ltd. (hereinafter “Acter*”, Ticker: 5536 TT) announced Sep. 2023 revenue. On a consolidated basis, the group’s Sep. 2023 revenue increased 31% MoM, decreased 6% YoY, respectively to NT$2.58 billion. The accumulated revenue for the first nine months of 2023 decreased by 9%, reaching NT$18.44 billion. Acter* has indicated that the group is experiencing an accelerated order momentum, with projects proceeding as planned. The slowing revenue momentum can be attributed mainly to the high base period and the gradual completion of short-term projects. Additionally, the group has ensured the stability of raw material prices and supplies through cost control, expense management, and enhanced efficiency. The group has also fostered active collaborations with suppliers to improve project profitability. As a result, the group’s profits continue to grow.

Acter* points out that geopolitical factors have led countries to enhance their awareness of localized production. Additionally, the long-term demand for emerging technologies such as artificial intelligence, smart machines, and quantum computing has prompted chip manufacturers to continuously expand their production capacity. The International Semiconductor Equipment and Materials International (SEMI) predicts that due to inventory adjustments in the global consumer electronics sector, semiconductor manufacturers have reduced their capital expenditures. It is estimated that the semiconductor equipment market will decrease by 18.6% to $87.4 billion in 2023. However, the market is expected to rebound in 2024. The group, with advanced technology and access to raw materials, provides customers with faster and advanced products and services. In addition to the existing semiconductor and panel industries, Acter* has diversified into fields such as optoelectronics, data centers, precision electronics, pharmaceuticals, and traditional industries. This diversification helps mitigate the impact of industry fluctuations. Moreover, the group is actively expanding into the Southeast Asian market and reducing risks associated with regional economic cycles through its multinational presence. As we enter the fourth quarter of 2023, Acter* is experiencing an accelerated order momentum, with a backlog exceeding NT$34 billion, indicating a stable and optimistic outlook for the group’s operations.

Acter* has three core values: a focus on environmental sustainability, the pursuit of intergenerational well-being, and the creation of shared value. In the face of the increasingly severe threats of extreme weather due to global warming, reducing carbon emissions is the most critical method to mitigate the dangers of global warming. The group has deeply embedded green management practices into its daily operations, setting short, medium, and long-term goals for energy conservation, waste reduction, water conservation, and other aspects. Simultaneously, it actively promotes the concept of "Net Zero Sustainability" by combining customer needs with its own expertise in green engineering, offering feasible solutions for energy conservation, carbon reduction, and carbon offsetting at every stage of production, thereby assisting industries in moving towards the goal of net-zero emissions. Acter* anticipates pioneering innovative solutions along the path to carbon neutrality, revolutionizing business models, and identifying new opportunities for development in the pursuit of a net-zero carbon future.

*The number is unaudited.

Acter* Monthly Sales (Sep. 2023)：                         

Unit: NTD thousand；%

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