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Acer Australia's full-year profit continues downward trend despite revenue uptick

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The Australian arm of Acer earned AU$1.1 million in after-tax profit during 2020.
Acer Australia has reported after-tax profit of AU$1.1 million for the full year to 31 December 2020, which was a dip from the AU$2.9 million earned in the year prior. The dip was primarily due to the Australian arm of Acer receiving a larger tax bill for 2020, with the company paying AU$3.4 million in income taxes, which was almost four times the amount paid in 2019. This is despite Acer Australia’s profit before taxes growing by AU$1.7 million for 2020, amounting to almost AU$4.5 million. Looking at revenue, Acer Australia earned AU$341.

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