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FIH Mobile ( (HK:2038) ) just unveiled an announcement.
FIH Mobile Limited has released unaudited financial information for the first quarter of 2025, revealing a modest increase in revenue and a return to profit compared to the same period last year. Despite a decrease in cash and cash equivalents, the company anticipates improved financial results for the first half of 2025 due to strategic customer portfolio optimization and cost efficiency measures, which are expected to enhance gross margins and financial resilience.
More about FIH Mobile
FIH Mobile Limited, incorporated in the Cayman Islands, operates in the electronics manufacturing industry. The company is part of the Hon Hai Precision Industry Co. Ltd., its ultimate controlling shareholder, and focuses on providing a range of electronic manufacturing services.
YTD Price Performance: 55.00%
Average Trading Volume: 650
Technical Sentiment Signal: Sell
Current Market Cap: $768.7M
See more insights into 2038 stock on TipRanks’ Stock Analysis page.