Brief: Foxconn Interconnect Technology Posts FY Profit Of $170 Million
14/03/2023 14:53
March 14 (Reuters) - Foxconn Interconnect Technology Ltd
6088.HK :
* PROFIT FOR YEAR US$170 MILLION, INCREASE OF 24%
* BOARD DID NOT DECLARE ANY FINAL DIVIDEND FOR YEAR
* FY REVENUE AMOUNTED TO US$4,531 MILLION, UP 0.9 %
* ANTICIPATE CONNECTOR INDUSTRY AND END INDUSTRY OF PRODUCTS
MAY
BE AFFECTED BY VARIOUS UNCERTAINTIES IN 2023
* PERFORMANCE IN 2023 IS EXPECTED TO INCREASE COMPARED TO
2022
* FOR SMARTPHONES, EXPECT MOMENTUM WILL SLOW DOWN IN 2023
* CHANGE IN LANDSCAPE OF OPTICAL MODULE BUSINESS WILL AFFECT
OVERALL PERFORMANCE OF NETWORKING BUSINESS IN 2023
Further company coverage: 6088.HK
((Reuters.Briefs@thomsonreuters.com;))
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