HTC finished 2018 with yet another loss and little sign of improvement

For the past few years, HTC’s revenue numbers have been on a relatively constant decline. As we already know, the company has also struggled to turn profits throughout this period, and it now seems that the fourth quarter of 2018 was no different.

During the three-month period ending December 31st, HTC generated total revenue of NT$4.1 billion ($132.7 million). This figure translates into an increased gross profit of NT$ 0.3 billion ($9.7 million), but once the company’s administrative costs, R&D expenses, and limited marketing budget are factored in, the number quickly turns red.

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Friday, 15 March 2019 GSM ARENA GSMArena.com