Taipei Times
Date: Jul 07, 2015
By: Lauly Li  /  Staff reporter

Taiwanese smartphone maker HTC Corp (宏達電) yesterday reported a net loss of NT$8.03 billion (US$257.8 million) for last quarter, largely in line with the company’s revised financial forecast.

That translated to a loss of NT$9.7 per share, hitting the low end of the company’s forecast, which ranged from NT$9.7 to NT$9.94 per share. HTC attributed the loss to a one-off NT$2.9 billion impairment for idled assets and some prepaid expenses.

The company posted a net profit of NT$2.42 billion, or NT$2.74 per share, in the same period last year, it said in a filing to the Taiwan Stock Exchange.    [FULL  STORY]