Manufacturing News

Hon Hai's Revenue Decreased 8% In April

Hon Hai Precision Industry has announced its performance for April 2009 and said its non-combined revenue was NTD94.407 billion during the period, a decrease of 8.22% compared with its NTD102.865 billion revenue in the same period of 2008.

Taiwan-based electronics giant Hon Hai Precision Industry has announced its performance for April 2009 and said its non-combined revenue was NTD94.407 billion during the period, a decrease of 8.22% compared with its NTD102.865 billion revenue in the same period of 2008.
 
At the same time, the revenue was also a decrease of 8.23% compared with its NTD102.874 billion revenue in March 2009.
 
From January to April 2009, the accumulated non-combined revenue of Hon Hai reached was NTD372.405 billion, decreasing by 7.98% compared with the same period of 2008.
 
Hon Hai said the main reasons for its failing to reach the expected NTD100 billion revenue was because of the revenue decline of its consumer electronics products, but the sales of its PC products continued to rise.
 
According to Hon Hai's financial report for the first quarter of 2009, its non-combined revenue was NTD277.99 billion, a year-on-year decrease of 7.9%; its after-tax net profit was NTD13.34 billion, a year-on-year decrease of 17%; and its after-tax net profit per share was NTD1.77.

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