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Monday, January 7, 2013

HTC quarterly results show profit drop

HTC has released unaudited results for the fourth quarter of its 2012 financial year; audited results are expected within a few weeks.

Total revenue for Q4 reached NT$60.0 billion (£1.29 billion), operating income was NT$600 million and net income after tax was NT$1.0 billion.

It’s the lowest quarterly profit figure for several years from HTC and is 91% down from the same quarter in 2011, although CEO Peter Chou has recently expressed optimism about the company’s future.

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Author: The Fonecast
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