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- Abundant Processing Projects Acter Group Co., Ltd (5536) 2022 1st Q EPS Reached $6.16 (NTD) Renew the Same Period Record Seven Consecutive Years Earn Top 5% Ranking of Corporate Governance Evaluation Acter Devote to ESG Implement
2022-05-06
Abundant Processing Projects Acter Group Co., Ltd (5536) 2022 1st Q EPS Reached $6.16 (NTD) Renew the Same Period Record Seven Consecutive Years Earn Top 5% Ranking of Corporate Governance Evaluation Acter Devote to ESG Implement
Acter Group Co., Ltd. (will be abbreviated “Acter” in the after, stock code :5536) announced 1st Q of 2022 performance.
Key Highlights
- On a consolidated basis, revenue for the first quarter of 2022 is NTD 5.36 billion and has a yearly 50% increase. Acter optimizes operating cost and controls expense, presents profit after tax attributable to parent company NTD 0.35 billion, Earning Per Share (EPS) NTD 6.16, which are 98% and 97% yearly increase, and gives a bright performance that revenue and profit renew the same period history record.
- The international semiconductors increased the capital investment in Taiwan in the first quarter of this year and the Taiwan government released the policy to develop the semiconductor industry, which pushs the revenue of Taiwan region reach a quarterly new high of the years and occupied 61% of the overall revenue.
- In the first quarter of this year, main clients’ demand push the increase of the process recognition from small scale projects, control material prices on time by rolling type quotation, maintain projects profitability, present overall gross profit rate, operating profit rate, and profit after tax attributable to parent company rate all increased and reached 17%, 12%, and 7%, respectively, which have significant increase compare with the same period of last year 14%, 8% and 5%, respectively
- Acter holds the spirit of “Integrity Based, Innovation Service”, devoted to pursue ESG and corporate sustainability, once again earned the 8th (2021) listed company (Taipei Exchange) corporate governance evaluation top 5% ranking, which is the seven consecutive year earned the top 5% ranking.
- Looking forward to the second quarter of 2022, Acter takes a cautious and optimistic view. Acter continues to observe the effects of the international high tension situation from Russo-Ukrainian War and overall material price and logistic stability cause of China pandemic lockdown. Depending on Acter’s multi-industries and multi-regions take order strategy, and global supply chain head to short chain trend, the sale of Taiwan and China regions are expected to become future operation’s bright point. The current volumes of signed and uncompleted projects are still stably staying at history new high level and it’s helpful to provide future operation well momentum.
2022 1st Q Review
- On a consolidated basis, revenue for the first quarter of 2022 is NTD 5.36 billion and has a yearly 50% increase. Benefit from clients’ order remain high visibility and stably stay high level, Acter optimizes operating cost and controls expense, presents profit after tax attributable to parent company NTD 0.35 billion, Earning Per Share (EPS) NTD 6.16, which are 98% and 97% yearly increase, and gives a bright performance that revenue and profit renew the same period history record.
- Acter indicated that global semiconductor industry remain in high demand, international huge scale semiconductors continue to build new factories and expand factories, effect from global supply chain reconstruction trend, the single project scale continues to enlarge, which creates the favorable condition for Acter’s business development. The international semiconductors increased the capital investment in Taiwan in the first quarter of this year and the Taiwan government released the policy to develop the semiconductor industry, which pushs the revenue of the Taiwan region to reach a quarterly new high of the years and occupied 61% of the overall revenue. Depending on Acter’s advantages of all-round EPCM service, international professional service team, long term and stable cooperate suppliers, diverse industry process method, effectively satisfy the project process quality and process cooperate flexibility. Assuming that overall industrial trend remains the same track, it’s helpful to create Acter’s future operation to remain at a good growth. In the meantime, Acter still needs to observe the effects of the international high tension situation from the Russo-Ukrainian War and overall material price and logistic stability cause of China pandemic lockdown.
- Acter further indicated that the overall operation still faces the challenges of material price fluctuation, shortage of human resources, and NTD depreciation lead to increase the equipment import cost. In the first quarter of this year, main clients’ demand push the increase of the process recognition from small scale projects, suppress the range of cost increase by bulk purchase, remain well cooperate base and flexibility with suppliers and subcontractors, control material prices on time by rolling type quotation, maintain projects profitability, present overall gross profit rate, operating profit rate, and profit after tax attributable to parent company rate all increased and reached 17%, 12%, and 7%, respectively, which have significant increase compare with the same period of last year 14%, 8% and 5%, respectively
2022 2nd Q Outlook
- Looking forward to the second quarter of 2022, Acter takes a cautious and optimistic view. Acter continues to observe the effects of the international high tension situation from Russo-Ukrainian War and overall material price and logistic stability cause of China pandemic lockdown. Depending on Acter’s multi-industries and multi-regions take order strategy, and global supply chain head to short chain trend, the sale of Taiwan and China regions are expected to become future operation’s bright point. The current volumes of signed and uncompleted projects are still stably staying at history new high level. Besides, Acter devoted to the arrangement of vertical and horizontal technology integration, effectively satisfy clients’ demand of cleanroom and electromechanical engineering service, continue expand the third generation semiconductor field orders, and hold well service performance, along with Acter’s overall business orders continue enlarge and remain high level orders visibility, its’ hopeful for future’s operation to step forward.
- Acter indicated that Acter holds the spirit of “Integrity Based, Innovation Service”, devoted to pursue ESG and corporate sustainability, once again earned the 8th (2021) listed company (Taipei Exchange) corporate governance evaluation top 5% ranking, which is the seven consecutive year earned the top 5% ranking. The Corporate Governance is part of ESG and ESG also plays the key role and core competitive power of corporate sustainability. Acter has voluntarily issued an ESG report since 2013 and established ESG committee in 2019. Acter devotes every effort to push operation long term stably growth and takes care of environment protection, fulfills social responsibility, and pursues corporate sustainable goal.
(Attachment) Acter 2022 1st Q Concise Consolidated FS Report:
Unit: NTD thousand/%
Items/Period | 2022/1Q | 2021/1Q | YOY (%) |
Revenue | 5,355,197 | 3,575,581 | 49.77 |
Profit after income tax-attributable to owners of parent | 352,765 | 178,267 | 97.89 |
EPS(NTD) | 6.16 | 3.13 | 96.81 |
News Contact:
ACTER GROUP CORPORATION LIMITED:
Assistant Vice President Miss Tsao (04)2261-5288 ir@acter.com.tw