Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
The latest announcement is out from FIH Mobile ( (HK:2038) ).
FIH Mobile reported unaudited consolidated results for the three months to 31 March 2026, showing revenue and other operating revenue of US$1.12 billion, up from US$1.02 billion a year earlier, and a profit of US$3.07 million versus US$1.07 million. Total net assets edged up to US$1.52 billion, cash and cash equivalents rose to US$1.05 billion, and the group generated a small net increase in cash despite a six-figure outflow from operating activities.
Management reiterated its strategic focus on product and customer diversification, exiting unprofitable or low-margin business, and tightening cost and efficiency measures to lift margins and earnings quality. Internal indicators point to improved gross margin parameters and potential year-on-year improvement for the first half of 2026, though performance remains sensitive to market demand, component supply conditions and geopolitical risks.
More about FIH Mobile
FIH Mobile Limited is a Hong Kong-listed manufacturer in the electronics and mobile device supply chain, focusing on contract manufacturing and related services for global technology brands. The group operates under the ultimate control of Hon Hai Precision Industry and targets diversified products and customers to improve margins and earnings quality.
Average Trading Volume: 923,711
Technical Sentiment Signal: Buy
Current Market Cap: HK$19.68B
For an in-depth examination of 2038 stock, go to TipRanks’ Overview page.