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HTC posts Q1 profit, revenues up in line with outlook
2015-04-07 08:45:00| Telecompaper Headlines
(Telecompaper) HTC reported first-quarter net profit of TWD 0.36 billion, reversing a loss of TWD 1.88 billion a year earlier. The smartphone maker's revenues rose to TWD 41.52 billion from TWD 33 billion a year ago, just meeting its outlook for sales of TWD 41.5-45 billion in the quarter. According to the preliminary figures, operating profit improved to TWD 0.02 billion compared to a loss of TWD 1.88 billion in Q1 2014. A full quarterly report will be released at a late date.
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Category:Telecommunications