TAIPEI, July 3Taiwanese smartphone maker HTC
Corp on Thursday reported an 80 percent rise in
second-quarter net profit from a year ago, slightly beating
analyst expectations, as a business turnaround strategy started
to stem a decline in sales.
April-June net profit reached T$2.26 billion ($75 million)
versus a T$2.17 billion mean profit estimate of 17 analysts
polled by Reuters.
The result compared with a T$1.88 billion loss in the
previous three months, and T$1.25 billion profit in the same
quarter a year earlier.
(Reporting by Faith Hung; Editing by Mark Potter)