Brief: FIH Mobile Sees Consolidated Net Loss For FY 2023

FIH Mobile

02/11/2023 10:33

Nov 2 (Reuters) - FIH Mobile Ltd  2038.HK :
    * SEES CONSOLIDATED NET LOSS FOR FY 2023
    * SEES NET LOSS FOR FY 2023 TO BE SIGNIFICANTLY BIGGER THAN
OF
AROUND US$72.14 MILLION
    * SEES YOY MATERIAL DECLINE IN FY2023 SALES AND A YOY
MATERIAL
DETERIORATION IN FY 2023 GROSS PROFIT AND OPERATING PERFORMANCE
    * CHALLENGING MARKET CONDITIONS SINCE LATE 2017 HAVING
CONTINUED
INTO 2023.
    * QTRLY LOSS $20.4 MILLION VERSUS LOSS $14.6 MILLION
    * QTRLY REVENUE AND OTHER OPERATING REVENUE $2.38 BILLION
VERSUS
$2.71 BILLION

Source text for Eikon:  ID:nHKS9Wq7s 
Further company coverage:  2038.HK 

 ((Reuters.Briefs@thomsonreuters.com;))