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HTC posts net loss in Q3

2013-11-05 09:08:00| Telecompaper Headlines

(Telecompaper) HTC reported a net loss of TWD 3.0 billion for the third quarter, versus a profit of TWD 3.9 billion a year earlier. Revenue tumbled to TWD 47.0 billion from TWD 70.2 billion, and the gross margin dropped to 20.4 percent from 25.0. The smartphone maker had a negative operating margin of 7.4 percent, in line with its earlier forecast. HTC said sales of its flagship One smartphone were "solid" in the EMEA region, with a "halo effect" on sales of its other new devices such as the One mini. In the US, the company expanded its distribution to all four of the major carriers, and in China, the group's preparing to launch the first TD-LTE phone with the One Max. During the quarter, HTC also sold its stakes in Beats and Saffron Digital. For the fourth quarter, HTC expects a further drop in sales, to TWD 40-45 billion, while the gross margin should be stable at around 20 percent. The net result is expected to improve to a profit of TWD 0.1-1.7 per share.

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Immigrants 'make net contribution'

2013-11-05 01:00:02| BBC News | Business | UK Edition

Immigrants to the UK since 2000 have made a "substantial" contribution to public finances, a new University College London study says.

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CST Brands 3rd-quarter net income leaps 71 percent

2013-11-04 23:04:38| Energy - Topix.net

Gas station operator CST Brands' third-quarter net income jumped 71 percent as the company opened new stores and held the line on costs.

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Springfield-based Paul Mueller's third-quarter net income increases 191 percent

2013-11-04 21:44:42| Industrial Machines - Topix.net

Springfield-based Paul Mueller Company reported Friday that preliminary earnings for the quarter ending Sept.

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CST Brands 3rd-quarter net income leaps 71 percent

2013-11-04 17:57:41| Oil & Gas - Topix.net

Gas station operator CST Brands' third-quarter net income jumped 71 percent as the company opened new stores and held the line on costs.

Tags: net brands income percent

 

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