TAIPEI, Nov 10 (Reuters) - Apple Inc supplier Foxconn(2317.TW)reported on Thursday a rise of 5% in third-quarter net profit, Reuters calculations showed, missing market estimates.
The Taiwan company, which is the world's largest contract electronics maker, said net profit for the July-September quarter rose to T$38.8 billion from T$36.98 billion a year earlier.
Eleven analysts were expecting on average profit of T$41.3 billion, according to Refinitiv.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments