Net profit made $2.85 million
Net profit of Taiwanese smartphone manufacturer HTC in I quarter 2013 made $ 2.85 million, which is 98% lower than the same period in 2012. This is according to the company.
The company's revenues for this period amounted to NT $ 42.8 billion, which is 37% less than in January-March 2012. HTC's profit per share amounted to 0.1 Taiwan Dollar.
According to experts, the main reason for such drop in financial performance is that the company delayed the roll-out of its HTC One smartphone to global markets.
