Tuesday, September 1, 2009

Foxconn posts gross margin of 9.34% in 1H09

Foxconn Electronics (Hon Hai Precision Industry) on August 31 published its first-half 2009 financial report, posting consolidated revenues of NT$812.10 billion (US$24.66 billion), gross margin of 9.34%, net operating profits of NT$32.66 billion, net profits of NT$28.25 billion, and an EPS of NT$3.32.

Foxconn said it is optimistic toward its performance in the third quarter of second half of 2009, adding that it believes sales in the second half will be better than the first.

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