Market Overview

Hon Hai Q4 Net Profit Surges 66%

Hon Hai Precision Industry Co (OTC: HNHPF) reported a 66% surge in its fourth-quarter net profit.

Hon Hai's quarterly net profit climbed to NT$35.0 billion, from NT$21 billion, in the year-ago period. Its revenue surged 24% to NT$1.074 trillion versus NT$863.2 billion in the previous quarter.

Hon Hai shares closed at $7.00 yesterday.

Posted-In: EarningsEarnings News

 

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