HTC has published its financial results for the first quarter of 2013.
For the period under review the operator?s revenue declined to TWD 42.8 billion. The gross margin at 20.3 per cent fell short of the outlook of 21-23 per cent. HTC?s operating profit for the quarter under review stood at TWD 0.04 billion or 0.1 per cent of sales, in comparison to an outlook of 0.5-1.0 per cent.
For the first quarter of 2013, the company?s net profit stood at TWD 0.09 billion. Following the launch of its flagship One smartphone in 2013, HTC expects its second-quarter revenues to stand at TWD 70 billion and the gross margin to increase to 22-24 per cent.
