---
title: "FIH Mobile posts higher Q1 revenue and profit as margin-focused overhaul takes hold"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/285706883.md"
description: "FIH Mobile reported a Q1 revenue of US$1.12 billion, up from US$1.02 billion, and a profit of US$3.07 million, compared to US$1.07 million a year earlier. The company is focusing on product diversification and cost efficiency to improve margins. Total net assets increased to US$1.52 billion, with cash equivalents at US$1.05 billion. Management noted improved gross margins but acknowledged sensitivity to market demand and geopolitical risks. FIH Mobile is a Hong Kong-listed manufacturer in the electronics supply chain, controlled by Hon Hai Precision Industry."
datetime: "2026-05-08T10:12:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/285706883.md)
  - [en](https://longbridge.com/en/news/285706883.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/285706883.md)
---

# FIH Mobile posts higher Q1 revenue and profit as margin-focused overhaul takes hold

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The latest announcement is out from FIH Mobile ( (HK:2038) ).

FIH Mobile reported unaudited consolidated results for the three months to 31 March 2026, showing revenue and other operating revenue of US$1.12 billion, up from US$1.02 billion a year earlier, and a profit of US$3.07 million versus US$1.07 million. Total net assets edged up to US$1.52 billion, cash and cash equivalents rose to US$1.05 billion, and the group generated a small net increase in cash despite a six-figure outflow from operating activities.

Management reiterated its strategic focus on product and customer diversification, exiting unprofitable or low-margin business, and tightening cost and efficiency measures to lift margins and earnings quality. Internal indicators point to improved gross margin parameters and potential year-on-year improvement for the first half of 2026, though performance remains sensitive to market demand, component supply conditions and geopolitical risks.

**More about FIH Mobile**

FIH Mobile Limited is a Hong Kong-listed manufacturer in the electronics and mobile device supply chain, focusing on contract manufacturing and related services for global technology brands. The group operates under the ultimate control of Hon Hai Precision Industry and targets diversified products and customers to improve margins and earnings quality.

**Average Trading Volume:** 923,711

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$19.68B

For an in-depth examination of 2038 stock, go to TipRanks’ Overview page.

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