HTC expects revenues to grow 20% on year in 2Q08
High Tech Computer (HTC) expects its revenues to grow over 20% on year, to reach NT$34 billion (US$1.12 billion) in the second quarter of this year, according to company CFO Hui-ming Cheng.
However, second-quarter revenues are to grow only 4% sequentially from the previous quarter due to a delay in the launch of new products, Cheng noted.
In other news, HTC plans to deal out a dividend of NT$37 for 2007, including NT$34 in cash and NT$3 in shares, the company said after a board meeting last week.
In addition, the company also plans to distribute a total of NT$1.21 billion in cash plus NT$10.32 million shares to its employees as bonuses for last year. The distribution of bonus shares will dilute its capital by 1.37%, the company said.
source
However, second-quarter revenues are to grow only 4% sequentially from the previous quarter due to a delay in the launch of new products, Cheng noted.
In other news, HTC plans to deal out a dividend of NT$37 for 2007, including NT$34 in cash and NT$3 in shares, the company said after a board meeting last week.
In addition, the company also plans to distribute a total of NT$1.21 billion in cash plus NT$10.32 million shares to its employees as bonuses for last year. The distribution of bonus shares will dilute its capital by 1.37%, the company said.
source
Posts
No comments: