Brief: Foxconn Interconnect Technology Posts FY Profit Of $170 Million

Foxconn Interconnect Technology

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

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