HTC Q4 Sales Show Big Earnings Increase
“Taiwan’s HTC saw sales leapt 66.2 per cent sequentially during the fourth quarter of FY2005, according to the PDA-phone maker’s provisional, unaudited financial results. For the three months to 31 December 2005, the company realised revenues of TWD27.53bn ($862.32m), well up on the previous quarter’s TWD16.56bn ($518.71m). Then, HTC reported a net income of TWD2.78bn ($87.08m) before tax - for Q4, the figure had risen 84.5 per cent to TWD5.13bn ($160.69m).”
(by reghardware.co.uk)
The newly released earnings report for Q4 2005 by HTC shows that the total revenues for the last year were NT$ 72,775 million. This comes down to a year-on-year growth of nearly 100%, which is an awesome result for the smartphone producer HTC.
However, with the planned launch of new 3G devices and flip Smartphones this year they could even beat this result in 2006.