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Earnings

Apple supplier Foxconn posts 14.5% drop in first-quarter net profit

Updated : May 14, 2018 05:03 PM IST

Net profit for the first three months of 2018 for the company known formally as Hon Hai Precision Industry Co reached T$24.08 billion ($809 million).
In May, Apple reported resilient iPhone sales in quarterly results that topped Wall Street forecasts.
Apple supplier Foxconn posts 14.5% drop in first-quarter net profit

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