HTC posts slim Q2 profit

Net profit before tax of just $NT2.76 billion

HTC has posted a second quarter tax net before tax of $2.76 billion New Taiwan dollars (NT), equivalent to $98 million Australian dollars.

The Taiwanese based manufacturer reported its unaudited consolidated results for Q2 ending June 30th 2014. The firm said unaudited quarterly revenue was $NT65.06 billion.

HTC reported operating profit of $NT2.43 billion and reported a net profit after tax of $NT2.26 billion.

The firm said this was worth $NT2.74 per share based on 823,498 thousand weighted average number of shares.

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