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HTC demonstrates revenue growth for the third month in a row
07.02.2021 [08:31],
Sergey Karasev

Taiwanese HTC, whose smartphones were once highly popular, including among Russians, is in a difficult financial situation. However, published figures show that the company’s efforts to stabilize the business are beginning to bear fruit.

Reuters

At the end of January, HTC’s revenue amounted to NT $ 493 million, or approximately $ 17.61 million. This is 2.99% more than in the same month last year, when revenue was NT $ 478 million, or $ 17.08 million. Moreover, in January 2021, revenue collapsed on an annualized basis by 52.43%.

Thus, the company demonstrates sales growth for three months in a row, and the rate of increase in revenue is gradually increasing. So, in November, the year-on-year increase was 0.96%, and in December – 1.02%.

Of course, the growth looks very insignificant, but before that, during the first ten months of 2021, HTC had a steady decline, ranging from 32.96% to 67.07%.

It should also be noted that at the end of last year, in general, the company’s revenue decreased by 42.03%, amounting to approximately NT $ 5806 million, or $ 207.44 million.