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Wireless

Asus improves margins on revenues down 7% in Q2, sees better H2

Friday 10 August 2018 | 15:19 CET | News
Asus reported a further fall in revenues for the second quarter, down 7 percent year-on-year and 11 percent less than in Q1, at TWD 80.53 billion. However, the company's gross margin improved to 12.7 percent from 11.6 a year ago, and the operating margin rose to 3.5 percent from 2.0 percent. The company said it expects its mobile phone business to be profitable in the last quarter of 2018. 

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Categories: IT / Mobile & Wireless
Companies: Asus
Countries: World
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