HTC on Friday announced unaudited financial results that showed an 8% decline in revenue in September, but the company still managed to eke a third-quarter profit as cost-cutting measures continue to boost HTC’s bottom line. After a massive 33% on-year revenue decline in July was reversed with solid 10% sales growth in August, September saw HTC swing back to a decline as revenue fell to NT$16.7 billion ($549 million USD) from NT$18.2 billion in the same quarter last year.
HTC’s total third-quarter revenue fell 11% on year to NT$41.9 billion.
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