In 2018, HTC has the lowest income for 16 years
For HTC financial reports, it's time to start a separate mini-heading in spirit of " you there hold fast. " According to the latest report this quarter - the most unsuccessful in income plan for the last 16 years.
More digits
HTC reported that in March of this year, the turnover was about 95 million dollars, it's on 46.7% less than it was in March last year. Total revenue in the first quarter of 2018 was about $ 300 million. This is almost 2 times less than in last quarter and generally the worst period for the last 16 years.
Forecast
Analysts and astrologers predict for the company one more month of suffering, while the market does not will release a new smartphone HTC U12 and helmet virtual reality HTC Vive Pro. It will happen in mid-late April. Then the company's turnover should grow to $ 340 million
How do u do HTC
AT shaky financial position of HTC is already several years. For example, HTC's revenue for December 2017 in compared to December 2016 fell on the 15.3%. A this is minus $ 116.12 million profit. Almost immediately after that, the Taiwanese company sold part of Google's own assets for $ 1.1 billion A at February 2018 Head of the mobile unit HTC Chiling Chang filed in resign and went to free swimming startup.
Source: DigiTimes