TAIPEI May 7 Taiwan's Acer Inc, the
world's No.4 PC vendor, returned to the black in the first
quarter, reporting a better-than-expected net profit of T$515
million ($17.44 million) on Tuesday.
Thirteen analysts polled by Thomson Reuters I/B/E/S had
forecast a median profit of T$195.6 million for the quarter.
The figure also compares with a net loss of T$3.4 billion in
the previous quarter, dragged by a T$3.5 billion right-off of
trademark rights, and a net profit of T$331 million in the same
period a year ago.
Acer attributed the net profit in the quarter to "a number
of non-operating incomes, including foreign exchange and stock
disposal gains". The company will hold an investor conference on
Wednesday at 0600 GMT.