HTC, that is the biggest manufacturer of cell phones powered by Microsoft's Windows Mobile, has just announced financial results for year 2004. These results are simply excellent! On top of that HTC claims, that it will deliver 20 new phones this year! Apparently time of warming up is over and now massive attack begins...



HTC made phones are being sold under such brands as i-mate, Qtek, T-Mobile, Orange, Vodafone and others... and not so many people know about HTC, but it quietly is doing good job.

HTC Reports 97% Increase in Record Year Profit

High Tech Computer Corp. (TAIEX: 2498) announced its self-assessed financial results for fiscal year 2004, ended December 31.

The total revenues of the fiscal year 2004 were NT$ 36,408 million and year-on-year growth were 66.84%. Net income after tax were NT$3,647million, representing a 97.04% growth over 2003. Earnings per share after tax for the full year of 2004 were NT$13.39.

HTC's 2004 Self-assessed financial results

(Unit: NT$ million)

	2004* Amount	2003 Amount	YoY Change%
Total revenues	36,408	21,822	66.84%
Gross profit	7,783	3,883	100.45%
Income before tax	3,840	1,960	95.95%
Net income	3,647	1,851	97.04%
EPS(NT$)	13.39**	9.05***

*	2004 figures have not been audited by accountant
**	Based on 272,387 thousand weighted average outstanding shares
***	Based on 204,460 thousand weighted average outstanding shares

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