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High Tech Computers (HTC) revenue up for 2008

Good news for all you High Tech Computer (PINK:HTCCF) or HTC as you probably know it better, the phone manufacturer has posted a rise in revenue for the fiscal year 2008 which ended on December 31. HTC posted a growth of 28.65 percent with revenue of NT$152.56 billion or US$4.61 billion.

The Net income for the period after tax was NT$28.68 billion with a net EPS of NT$38.03 for the whole year, HTC announced.

With both the Google G1 phone and the HTC Touch Diamond-series models both reaching their targets sales it has been a promising year for HTC. In the fourth quarter of 2008 HTC posted rising revenue of 21.45 percent from the same period in 2007.

HTC have a positive outlook for 2009 saying they are aiming to release ten new models, based on the Android platform and the Windows Mobile.

Source: intomobile