FIH Mobile Returns to H1 Profit on Higher Revenue; Shares Slide 5%

MT Newswires Live

08/11

FIH Mobile (HKG:2038) posted a profit attributable to owners of $6.17 million for the six months ended June 30, compared with a loss of $31.58 million a year earlier, according to an Aug. 8 Hong Kong bourse filing.

Earnings per share came in at $0.008, compared with a loss per share of $0.04 in the prior year.

Revenue rose to $2.06 billion from $1.90 billion.

Shares of FIH were down over 5% in Monday afternoon trade.

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