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HTC expects quarterly results to reveal profit fall

Mark

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HTC Corporation has announced unaudited results for the third quarter of its 2012 financial year, a few weeks ahead of the official quarterly figures. Total revenue in Q3 2012 reached NT$70.2 billion (just under £1.5 billion) and net income after tax was NT$3.9 billion (£83 million).

When the company announced its Q2 2012 figures it forecast third quarter revenue of NT$70-80 billion.

A year ago, the company reported quarterly revenue of NT$135.8 billion and profit of NT$18.7 billion for Q3 2011.

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