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HTC Reports 3Q 2011 Results: Quarterly Revenues, Net Profits and EPS continued to grow
1.Date of the investor/press conference or the date that the Company disclose its financial or business information to the public:2011/10/31
2.Location of the investor/press conference or the location that the Company disclose its financial or business information to the public:Conference call
3.Financial and business related information:
Taoyuan, Taiwan, R.O.C. October 31, 2011 – HTC Corporation (“HTC”, or the “Company”, TWSE: 2498), a global leader in smartphone innovation and design, today announced consolidated results of the Company and its subsidiaries for the third quarter of 2011.
‧After-tax profit was NT$18.68bn, up 68% year-on-year; EPS was NT$22.07
‧Total revenues grew for the sixth consecutive quarter since 1Q 2010 and reached NT$135.82bn, up 79% year-on-year
‧Handset shipments totalled 13.2mn units, up 93% year-on-year
‧ASP was US$344, up 0.6% year-on-year
‧Gross profit margin and operating margin were both in line with original guidance at 28.0% and 14.9%, respectively
3Q 2011 Results
HTC’s diverse product offerings, expanded distribution network and growing global brand recognition, have helped the Company deliver a quarterly revenue of NT$135.82bn in the third quarter of 2011, resulting in after-tax earnings of NT$18.68bn and EPS of NT$22.07.
HTC sold 13.2 million smartphones in 3Q 2011: 93% more than the same period last year, and 9% more than the second quarter of this year.
4Q 2011 Outlook
The Company’s outlook for the fourth quarter of 2011 is as follows:
‧4Q revenue expected to be around NT$125 to 135bn, up 20% to 30% year-on-year
‧4Q shipment expected to be around 12.0 to 13.0mn units, up 31% to 42% year-on-year
‧Gross margin expected to be around 28.0%±0.5%
‧Operating margin expected to be in the range of 14.5%±0.5%
4.If a press release is distributed, the content of the press release:As above.
5.Any other matters that need to be specified:The material for the investor conference is disclosed under the corporate governance item on the Market Observation Post System and the HTC Corporation Website.