HTC Q2 Net Profit Down 58%
Taiwan-based HTC Corp (OTC: HTCCY) reported a 58% decline in its unaudited second-quarter net profit.
HTC's quarterly unaudited profit fell to $7.40 billion New Taiwan dollars ($247 million), versus NT$17.52 billion, in the year-ago period.
Its revenue declined 27% to NT$91.0 billion from NT$124.40 billion.
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