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Monday, October 31, 2011

Quarterly revenue and profit continue to grow at HTC

HTC has published results for the third quarter of 2011. It says total revenue grew for the sixth consecutive quarter, reaching NT$135.82 billion (£2.8 billion) - a 79% increase on Q3 2010. After-tax profit was NT$18.68 billion, up 68% year-on-year.

In the last 12 months the company has almost doubled the number of mobile phones it produces. Shipments in Q3 2011 reached 13.2 million devices, up 93% year-on-year (and up 9% on the previous quarter).

Figures for Q4 are expected to be slightly lower.

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Author: The Fonecast
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Categories: Handsets and manufacturers, NewsNumber of views: 2238

Tags: htc

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