Taiwanese handset manufacturer HTC Corporation have unveiled their results for the first quarter of 2009 – with earnings dropping by 3.4% year-on-year to NT$ 31,590m (around €722.346m).

For the first quarter of 2009, self-assessed total operating income was NT$ 4,845 million (€110.781m), total net income before tax NT$ 5,410 million (€123.7m), total net income after tax NT$ 4,890 million (€111.785m), and self-assessed earnings per share after tax were NT$ 6.56 (€0.149) based on the current 745,394 thousand outstanding shares. First quarter revenue reached 95.7% of guidance, the slight shortfall is mainly attributed to certain new product shipment delayed to April. The company maintains the view of double digits growth this year.