Hon Hai Precision Industry Co HNHPF reported a 3.6% rise in its first-quarter net profit.
Hon Hai's quarterly net profit climbed to NT$14.92 billion, from NT$14.40 billion, in the year-ago period. However, analysts were expecting a net profit of NT$22.10 billion. Its operating expenses surged 12% to NT$758.18 billion from NT$676.42 billion.
Hon Hai's quarterly revenue surged 8.3% to NT$789.94 billion from NT$729.26 billion.
Hon Hai dropped 1.03% to close at $7.10 on Friday.
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