Foxconn Technology Co., Ltd.TWSE: 2354

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

· Issued by 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.

Foxconn Technology Co., Ltd. on 6ix

Earlier from Foxconn Technology

Later from Foxconn Technology

All Foxconn Technology news releases