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HTC Q2 profit falls 83%

2013-07-05 11:22:00| Telecompaper Headlines

(Telecompaper) HTC announced revenues of TWD 70.7 billion for the second quarter, down 22 percent from a year earlier and in line with its outlook for around TWD 70 billion. The net profit fell to TWD 1.25 billion, down 83 percent year-on-year. In its preliminary report on Q2, the smartphone maker said it saw another difficult month in June, with revenues dropping 26.4 percent from a year earlier to TWD 22.1 billion. It will release more detailed results and an outlook for Q3 at a later date.

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