Hon Hai reports highest annual profit in its history

The China Post
Date: April 1, 2017
By: Christine Chou

Taiwan-based Hon Hai Group (鴻海), the world’s largest contract electronics maker and a key

Apple supplier, reported record-busting annual and quarterly

profits in its fourth-quarter financial results filed to the Taiwan Stock Exchange on Friday.

Defying expectations of a decline, Hon Hai’s net profit in the last three months of 2016 ended four quarters of year-on-year declines to reach NT$68.77 billion (US$2.26 billion), up from NT$52.93 billion in the fourth quarter of 2015.    [FULL  STORY]

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