Samsung Electronics Reports Operating Profit of 27.71 Trillion KRW Last Year, Down 52.9% YoY

[Image source=Yonhap News]

[Asia Economy Reporter Eunmo Koo] Samsung Electronics announced on the 8th that its consolidated operating profit for last year was preliminarily estimated at 27.71 trillion KRW, a 52.95% decrease compared to the same period last year. During the same period, sales amounted to 229.52 trillion KRW, down 5.85%. In the fourth quarter of last year, consolidated operating profit decreased by 34.26% year-on-year to 7.1 trillion KRW, and sales decreased by 0.46% to 59 trillion KRW.

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