[ET Net News Agency, 3 July 2018] FIH Mobile (02038) said it currently expects the
Group to record a consolidated net loss for the six months ending 30 June 2018 of around
(or below) US$350 million, compared with the Group's consolidated net loss of US$199
million for the same period in 2017.
The Group's turnover for the six months ending 30 June 2018 is likely to exceed US$6.5
billion (compared with the Group's turnover for the same period of 2017 of around US$4.37
billion).
FIH Mobile estimates its foreign exchange loss for the first five months of 2018 to 31
May 2018 to total about US$62.7 million (compared with US$26.6 million for the first
quarter of 2018). Additionally, the Group's investment portfolio includes investments in
certain listed companies, where the fair value of those investments is measured through
the prevailing quoted share prices of the relevant shares, and the fair value gains or
losses are booked to the Group's statement of profit or loss. In that regard, the Company
currently expects a fair value loss for those investments totalling about US$25.6 million
for the first six months of 2018 (compared with about US$17.8 million for the first five
months of 2018). (HL)