Acter’s profit of 2018 hit the new record high Propose to distribute NT 15 Cash Dividends

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2019-02-26

Acter’s profit of 2018 hit the new record high Propose to distribute NT 15 Cash Dividends

Acter(stock code :5536 )‘s board of directors was held today(2/26) and approved the financial statements, net profit after tax amounted to 1.049 billion, EPS is NT 19.52 and hit the new record high. Acter’s opinion says if the adjustment of increasing retained earnings amounted to 60 million is also included to the concern in 2018 to comply with the new standard of IFRS, the EPS performance should be even much outstanding. At the same time, Acter ‘s board of directors resolved 2018’s earnings distribution and distribute NT 15 cash dividends. Base on the closing price of announcement day (2/26) NT 195, the dividend yield reaches 7.7%.


At the same time, the board of directors also proposed that the subsidiary, Sheng Huei (Suzhou) Engineering Co, Ltd. will issue an IPO in China in order to expand the scale of business in China and increase the company reputation and competitiveness. If the issuance of IPO going well, it is expected to provide positive benefit of company’s image, business and increase the Acter’s re-investment value.


Acter’s profit of 2018 hit the new record high and the major revenue were from Semiconductor, Optoelectronics and Panel industries. Base on the US-China trade war comes to certain, Taiwan market’s characters of homecoming investments and multiple-industries and the demand increase trend of production expansion in Southeast Asia, outlook for 2019 remains the same level or slightly growth.