Foxconn Technology: Revenue up, profit down; cash reserves drop, customer concentration risk remains high

About this update from Foxconn Technology Co., Ltd.

Operating revenue grew 1.7% year-over-year to NT$75.82 billion, but net profit declined to NT$3.58 billion due to lower gross margins and a goodwill impairment. Cash reserves fell sharply, and the group remains exposed to customer concentration and foreign exchange risks.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

View stock analysis, news, and events for Foxconn Technology Co., Ltd.