HTC profit in the first quarter significantly decreased

HTC Company reported for the first quarter of 2009. You can see that the economic crisis has not bypassed her side. Profit for the period under review, the company has declined very substantially over the same period last year. In the first quarter of this year, HTC's net profit was $ 4.89 billion new Taiwan dollars (about 148 million U.S. dollars), while in the first quarter of 2008 the figure was 6.95 billion New Taiwan dollars (about 210 million U.S. dollars) . And compared to the fourth quarter of last year, profits of the company and is dropped very significantly: whereas this figure reached NT $ 8,14 billion.

With regard to the overall revenue HTC, is the year it fell not on the lot: from NT $ 32,7 billion (US $ 988 million) in the first quarter of 2008 to NT $ 31,59 billion (US $ 954 million). The company argues that such a sizeable reduction in net profits associated with the delayed deliveries of new products. However, the optimistic forecasts for the entire 2009 HTC refuse not in a hurry. Increased profits for the year, according to the company, will be expressed to two significant figures.