News Column

HTC Q2 Turns Loss to Profit

July 4, 2014

TAIWAN, July 4, SinoCast -- HTC revealed operating revenue of TWD 65.06 billion in second quarter ended June 30, pre-tax profit of TWD 2.76 billion, operating profit of CNY 2.43 billion and net profit of CNY 2.26 billion or CNY 2.74 per share.

The company harvested operating revenue of CNY 21.916 billion in June, narrowing 0.72% from a year earlier but climbing 4% from a month ago. The figure reached CNY 98.181 billion, declining 13.46% from a year ago.

HTC turns loss to profit in second quarter and made profit in the first half of 2014, boosted by robust sales volume of M8 and Desire 816, expected to continue profiting in the full year.

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Source: Sinocast Computers & Electronics Beat (China)

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