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India

FIH Mobile Ltd (2038.HK)

2038.HK on Hong Kong Stock

1.21HKD
16 Jul 2018
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Latest Key Developments (Source: Significant Developments)

FIH Mobile Posts QTRLY Loss From Continuing Operations $125.9 MLN
Monday, 14 May 2018 

May 14 (Reuters) - FIH Mobile Ltd <2038.HK>::QTRLY REVENUE AND OTHER OPERATING REVENUE $3.28 BILLION VERSUS $1.90 BILLION.QTRLY LOSS FROM CONTINUING OPERATIONS $125.9 MILLION VERSUS PROFIT $22.7 MILLION.  Full Article

FIH Mobile Sees Q1 Net Loss Of Approximately Us$126 Million
Friday, 4 May 2018 

May 4 (Reuters) - FIH Mobile Ltd <2038.HK>::EXPECTS GROUP TO RECORD A CONSOLIDATED NET LOSS OF APPROXIMATELY US$126 MILLION FOR Q1 OF 2018.EXPECTS TOTAL TURNOVER OF US$3.19 BILLION FOR QUARTER.EXPECTS POTENTIALLY, A CONSOLIDATED NET LOSS FOR FIRST HALF OF 2018.EXPECTED RESULT DUE TO INCREASE IN GROUP'S FOREIGN EXCHANGE LOSS.  Full Article

FIH Mobile Says Unit ‍To Make US$99.9 Mln​ Capital Injection In Rising Stars Mobile India
Thursday, 4 Jan 2018 

Jan 4 (Reuters) - Fih Mobile Ltd <2038.HK>::UNIT ‍TO MAKE CAPITAL INJECTION IN RISING STARS MOBILE INDIA PRIVATE LTD OF US$99.9 MILLION​.‍AFTER CAPITAL INJECTION, 99.95% OF RISING STARS TO BE HELD BY WONDERFUL STARS.  Full Article

FIH Mobile says qtrly‍ revenue and other operating revenue $3.74 billion
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - FIH Mobile Ltd <2038.HK>::Qtrly ‍ revenue and other operating revenue $3.74 billion versus $1.69 billion.Qtrly ‍loss from continuing operations $119.4 million versus profit of $44.6 million.  Full Article

FIH Mobile sees net loss in 2017 financial year
Wednesday, 1 Nov 2017 

Nov 1 (Reuters) - Fih Mobile Ltd <2038.HK>:‍Expects group's turnover during q3 of 2017 to be around us$3.67 billion​.‍Expects group to record a consolidated net loss for second half of 2017 higher than first half of 2017​.‍Expects to record a consolidated net loss for 2017 financial year​.Expected loss due to generally lower gross margins‍​.  Full Article

FIH Mobile says unit and Mango International Group enters share subscription agreement
Wednesday, 28 Sep 2016 

FIH Mobile Ltd <2038.HK> : Long Ample and Mango International entered into note purchase agreement . Unit Long Ample Limited, Mango International Group Ltd, certain existing shareholders of mango international entered into share subscription agreement . Long Ample agreed to purchase, and Mango International agreed to issue, a convertible note in principal amount of us$60 million .Mango International agreed to issue 7.2 million mango shares at aggregate subscription price of $3.25 million and 6 million mango shares at aggregate subscription price of $50 million.  Full Article

FIH Mobile says Wonderful Stars,Foxconn Singapore enters into share subscription agreement<2038.HK>
Wednesday, 17 Aug 2016 

FIH Mobile Ltd <2038.HK>: Wonderful stars , foxconn Singapore entered into a share subscription agreement with hike global . Hike has conditionally agreed to issue and allot shares at the subscription price of US$50 million .  Full Article

FIH Mobile posts HY net profit of US$21.4 mln<2038.HK>
Thursday, 11 Aug 2016 

FIH Mobile Ltd <2038.HK>: Announcement of unaudited interim results for the six months ended 30 June 2016 . HY profit attributable to owners of the company for the period was US$21.4 million, representing a decrease of US$108.4 million . Resolved not to recommend the payment of an interim dividend for the six months ended 30 June 2016 . Global economy continues to be uncertain and challenging in the 1st half of 2016 . Uncertainties surrounding current global economic and geo-political outlook continue to limit the overall demand visibility of the group's end markets . HY revenue $2.31 billion versus $3.83 billion year ago . Expects to see a consolidation of the smart phone market in the coming quarters . Group will focus on improving operational efficiency and cost saving to cope with economic uncertainties . Currently no financing plans to meet capital commitments, nor repayment of current debts, and not envisaged there will be fund-raising activities for rest of 2016 .  Full Article

BRIEF-FIH Mobile Sees Q1 Net Loss Of Approximately Us$126 Million

* EXPECTS GROUP TO RECORD A CONSOLIDATED NET LOSS OF APPROXIMATELY US$126 MILLION FOR Q1 OF 2018