HTC expects Q2 2008 revenues to grow 20% on year
By Dusan Belic on Tuesday, May 13th, 2008 at 5:21 AM PST In Announcements, HTC
According to HTC’s CFO Hui-ming Cheng, the smartphone maker’s revenues are expected to grow over 20% on year, to reach NT$34 billion (US$1.12 billion) in Q2 2008.
However, when compared with the first quarter of the year, revenues will grow only 4 percent due to a delay in the launch of new products. But, now with the Diamond being announced, it’s kinda safe to bet good times are ahead of HTC.
In related news, HTC plans to deal out a dividend of NT$37 for 2007, including NT$34 in cash and NT$3 in shares. Additionally, they will distribute a total of NT$1.21 billion in cash plus NT$10.32 million shares to its employees as bonuses for last year, hence deluting the company’s capital by 1.37%.
[Via: DigiTimes]
