HTC second quarter net profit of 75.6 million US dollars

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DoNews, July 4 (Reporter Xue Fei) Taiwan's handset maker HTC released its second quarter results as of June 30. Earnings report, the second quarter HTC net profit of NT 2.26 billion (about 75.6 million US dollars), a substantial increase of 80%, stronger than the previous quarter net loss of NT 1.88 billion in performance.

Analysts said the release of the new flagship and mid-range handsets, cost cutting, and reorganization of assets helped HTC turn a profit, but HTC did not get out of the way.

HTC estimates revenue of 65 billion to 70 billion yuan in the second quarter, gross margin of about 21.3% to 22%, after-tax earnings per share of about 2.21 to 3 yuan, while the published results in line with previously expected.

HTC second quarter profitability, sales of powerful models such as the M8 and Desire 816 heavy volume case, the first half has been a small profit, HTC executives also foreshadowed the second half of the product more exciting, is expected to profit throughout the year. (Finish)