HTC narrows losses as revenues contract further in Q1

Wednesday 13 May 2020 | 14:50 CET | News
HTC reported continued losses on a further decline in revenues in the first quarter. Revenues more than halved, to TWD 1.3 billion from TWD 2.9 billion a year ago, while the operating loss narrowed to TWD 1.9 billion from TWD 2.7 billion. The company noted a continued improvement in its gross margin, to 26.2 percent, and the net loss reduced to TWD 1.7 billion.

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Categories: Mobile & Wireless
Companies: HTC
Countries: World
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