HTC has reported net profits of NT$824 million (US$25.09 million) or NT$1 per share for February. However, EPS stood at negative NT$0.48 for the first two months of 2016.

In February alone, the company posted a non-operating income of NT$2.369 billion, offsetting an operating loss of NT$1.525 billion. February revenues came to an 11-year low of NT$4.2 billion, down 35% on month and 54% on year.

The company also noted that it recorded a net loss of NT$1.222 billion or NT$1.48 per share on revenues of NT$6.477 billion in January.