HTC reported earnings results for the second quarter of 2016. For the quarter, the company reported revenue for second quarter was TWD 18.9 billion with gross margin of 11.4%. Operating loss was TWD 4.2 billion and operating margin of negative 22.5%. The company has recognized a disposal gain of TWD 1 billion for sales of land in Taoyuan. And net loss after tax was TWD 3.1 billion or loss per share of TWD 3.71.

The company expects the third quarter, in terms of revenue and bottom line, will improve on the second quarter.