Acter Group Co., Ltd. (hereinafter referred to as "Acter", stock code: 5536) announced the operating results for the second quarter of 2020 after the board of directors today.

Key Highlights

• Acter’s consolidated revenue for the second quarter of 2020 was NT$3.86 billion, net profit after tax attributable to parent company amounted to NT$ 291 million, and earnings per share (EPS) reached NT$5.36, increase of 25.25%,33.70% and 33.67% respectively compared with the first quarter, mainly benefited from the rising demand of Cleanroom Engineering in semiconductors, electronics, biochemical and pharmaceuticals, and Acter's continuous optimization of the sales structure, creating the improvement of the group's profitability and driving the operating profit in the second quarter of this year. Comparing with the same period last year, the revenue increased by 7.39% in the first half of 2020, due to the impact of the epidemic, the net profit attributable to parent company declined slightly by 3.78%. Due to delay in the start of work of the first quarter, the transportation charged and the fixed expense of personnel had made the gross profit margin slightly lower than the same period last year. In the second quarter, as the control of various regions had decreased, the gross profit margin had become stabilized after the normalization of work projects.
• In the second quarter, Acter benefited from major customers actively promoting the construction progress of Cleanroom and Electro-Mechanical Integration Engineering. In terms of the proportion of sales area revenue, the proportion in China is 54% and it further increased by 40% comparing with the first quarter.
• Rely on Acter’s innovative technology research and development and special construction methods, making large and small-scale projects with good implementation management capabilities and having excellent engineering quality, effectively reducing customer Cleanroom and Electro-Mechanical Integration Engineering costs. Due to the accelerated completion and recognition of small-scale customized projects in the second quarter, the overall capacity utilization rate had significantly improved comparing with the first quarter.
• Looking forward to the third quarter of 2020, the expansion investment in Taiwan and Southeast Asia will still be the highlight of future operations. The expansion of related technology plants in Taiwan, such as PCB, communications, connectors, and biotechnology, and demanding of the expansion of electronic components, PCB, textiles and other industries in Southeast Asia, made the contracted and uncompleted construction in progress increased by about 10% compared to the same period last year. Secondly, with the increasing of semiconductor autonomy in China, it is expected to drive engineering construction and gasification supply system demands stability, making the overall operation of the future to maintain good growth momentum.

Acter 2020Q1 Concise Consolidated FS Report：                                                                                                                                                       

Unit: NTD thousand/%

News Contact:

ACTER GROUP CORPORATION LIMITED:

Senior Manager     Miss Tsao   (04)2261-5288  ir@acter.com.tw