FIH Mobile Turns to Q3 Profit

MT Newswires Live

2024/11/06

FIH Mobile (HKG:2038) recorded a profit of $5.4 million for the three months ended Sept. 30, compared with a loss of $20.4 million in the year-ago period, a Wednesday filing with the Hong Kong bourse said.

Revenue and other operating revenue for the three months fell slightly to $2.26 billion from $2.38 billion a year prior.

The handset manufacturer expects a decrease in revenue and a significantly improved net loss for the year ending 2024.

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