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Monday, April 8, 2013

HTC results threaten to show its lowest-ever quarterly profit

Ahead of its formal audited announcement, HTC Corporation has revealed unaudited results for the first quarter of 2013.

Total quarterly revenue reached NT$42.8 billion (£933 million). Unaudited operating income was NT$43 million (£935,000) and net income after tax was NT$85 million (just over £1.8 million). That’s a 98% drop in profit from the same quarter a year ago.

The figure is described as HTC’s lowest quarterly net profit since the company started selling own-brand products in 2006.

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Author: The Fonecast
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Categories: Handsets and manufacturers, NewsNumber of views: 9044

Tags: htc

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