Categories
Close
Menu
Menu
Close
Search
Search

News Articles

News

HTC reports a quarterly loss while Samsung anticipates record profits

Mark

Share:

Print

Rate article:

No rating
Rate this article:
No rating

The latest set of unaudited financial results from HTC Corporation show a quarterly loss for the first time ever. Figures for the third quarter of 2013 indicate a net loss after tax of NT$2.97 billion (£63 million), an operating loss of NT$3.50 billion (£74.3 million) and total revenue of NT$47.05 billion (£998.8 million).

HTC had already warned that the Q3 2013 figures could show a loss.

Meanwhile Samsung has published interim results for its July-September quarter.

It’s anticipating sales of approximately 59 trillion South Korean Won (£34.2 billion) and operating profit of approximately 10.1 trillion Won (£5.9 billion), which would be a new high for the company.

Formal results announcements from both companies are expected in the next few weeks.

Tags

htcsamsung

Comments

Collapse Expand Comments (0)
You don't have permission to post comments.

Follow thefonecast.com

Archive Calendar

«August 2026»
MonTueWedThuFriSatSun
272829303112
3456789
10111213141516
17181920212223
24252627282930
31123456

Archive