HTC has revealed its unaudited Q1 2012 financial figures, and the predicted bump in profits from the new HTC One series can’t come soon enough, SlashGear reports.

Total revenues for the first quarter of this year were NT$67.8bn (US$2.3bn), the company says, which is almost a 35-percent decrease year-on-year. That results in unaudited operating income of NT$5.1bn ($173m), a dive even on the dire Q4 2011 numbers.

Net income before tax was NT$5,551 million, HTC says, while net income after tax was NT$4,464 million. In the previous quarter, HTC reported NT$101.42bn ($3.44bn) in total revenue, with profit sliding to NT$27.5bn ($933m).