February 9, 2018 / 11:03 AM / a year ago

Foxconn's January sales rise 16 pct y/y

TAIPEI, Feb 9 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics manufacturer, said its January revenues were up 16 percent compared to the previous year in a statement on Friday.

It reported consolidated revenue of T$400.6 billion ($13.67 billion) in January, the company said in a filing to the Taiwan stock exchange.

Foxconn, formally known as Hon Hai Precision Industry Co Ltd and a major Apple supplier, had a solid start to the year after three consecutive months of year-on-year revenue growth in the fourth quarter.

In December, the company reported a 50.2 percent year-on-year rise in revenues for December, it said.

$1 = 29.3140 Taiwan dollars Reporting by Jess Macy Yu. Editing by Jane Merriman

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below