Foxconn Electronics (Hon Hai Precision Industry) has reported consolidated revenues of NT$280.648 billion (US$8.598 billion) for February 2016, representing a 16.87% drop on month and 0.22% increase on year.

Shipments of consumer electronics, computing and communications products in February were lower than those recorded in the previous months due to seasonal factors, the company said.

Year-to-date revenues totaled NT$618.253 billion, down 8.55% from the same period of a year earlier.

The company's stock price changed 0.24% and finished at NT$83.20 in trading on the Taiwan Stock Exchange (TSE) on March 11, 2016.