PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: Acer Gaming Inc. (6908 TT) FY (TWD) rev. rose 28.4% Y/Y to 5.52bln and said it expects revenue to grow each quarter this year with annual sales set to surpass last year’s total
TAIWAN
Acer Gaming Inc. (6908 TT) - Co. FY (TWD) rev. rose 28.4% Y/Y to 5.52bln and said it expects revenue to grow each quarter this year with annual sales set to surpass last year’s total on the back of new title launches and distribution channel expansion. (Taipei Times)
AP Memory Technology Corp. (6531 TT) - Co. said revenue this year will benefit from robust demand for memory chips and silicon capacitors used in artificial intelligence and high-performance computing devices. (Taipei Times)
SINGAPORE
DFI Retail Group Holdings Ltd. (DFI SG) - Co. FY (USD) underlying profit rose 35% Y/Y to 270mln, rev. was flat Y/Y at 8.9bln. (Business Times)
Sea Ltd. (SE) - Co. Q4 (USD) net rose 72.9% Y/Y to 410.9mln, rev. rose 38.4% Y/Y to 6.9bln. (Straits Times)
Other News
Singapore to raise retirement age to 64 and re-employment age to 69 from July 1, according to Manpower Minister Tan See Leng. (Straits Times)
Acer Gaming Inc. reported a strong 28.4% year-on-year revenue growth, expecting continued quarterly increases driven by new product launches and expanded distribution. This positive momentum could enhance investor sentiment towards tech stocks in the region, particularly those involved in gaming and hardware, indicating a robust outlook for both Acer and the broader technology sector in Asia.