HTC Investors

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HTC Reports Fourth-Quarter And Annual 2011 Results
1.Date of the investor/press conference or the date that the Company disclose its financial or business information to the public:2012/02/06

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, February 6, 2012–HTC Corporation (”HTC”, or the ”Company”, TWSE: 2498), a global leader in mobile innovation and design, today announced consolidated results of the Company and its subsidiaries for the fourth quarter of 2011 and for the year.
 
4Q Highlights
‧After-tax profit was NT$10.94bn, EPS was NT$13.06
‧Total revenues were NT$101.42bn
‧Gross profit margin and operating margin were 27.12% and 12.71%, respectively
 
2011 Highlights
‧After-tax profit was NT$61.98bn, up 56.77% year-on-year; EPS was NT$73.32
‧Total revenue was NT$465.79bn, up 67.09% year-on-year
‧Gross profit margin and operating margin was 28.30% and 14.77%, respectively
‧ROE was 70.37% compared to 56.33% in 2010
 
4Q 2011 Results
HTC's fourth quarter revenue came in-line at NT$101.42bn, resulting in after-tax earnings of NT$10.94bn and EPS of NT$13.06. Gross profit and operating margins came in at 27.12% and 12.71%, respectively. The decline in gross profit margin was mainly a result of product transition.
 
2011 Results
2011 annual revenue was NT$465.79bn, a 67.09% increase over 2010 annual revenues (NT$278.76bn), resulting in after-tax earnings of NT$61.98bn. Overall gross profits and operating margins were 28.30% and 14.77%, respectively.
 
In 2011, in addition to solid growth in revenues and profits, HTC's brand gained significant momentum in the global landscape, being named one of Interbrand's 100 Best Global Brands.
 
1Q Outlook
The Company's outlook for the first quarter of 2012 is as follows:
‧1Q revenue expected to be around NT$65-70bn
‧Gross margin expected to be around 25%
‧Operating margin expected to be around 7.5%
 
These margins are a temporary phenomenon and will normalize when product cycle transition is over.

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.