HTC profits jump over 150% on year on self-designed phones

High Tech Computer (HTC) said its after-tax profits jumped nearly 154% on year to reach NT$6.71 billion (US$202 million) in the third quarter as shipments of self-designed products increased.

For the first three quarters of this year, after-tax profits totaled NT$17.84 billion, up 166% on year, the company said in a statement. The net income for the first three quarters translates into a net EPS of NT$40.87, more than doubled from the NT$18.96 of a year earlier.

HTC profits jump over 150% on year on self-designed phones