[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Ki-min Lee] Samsung Electronics announced on the 8th that its preliminary sales for the fourth quarter of last year were 59 trillion KRW, and operating profit was 7.1 trillion KRW.


Sales decreased by 0.46% and operating profit decreased by 34.26% compared to the same period last year.


Compared to the previous quarter, sales decreased by 4.84% and operating profit decreased by 8.74% respectively.


The preliminary annual sales for 2019 were 229.52 trillion KRW, and operating profit was 27.71 trillion KRW.


Sales increased by 5.85% and operating profit increased by 52.95% compared to the previous year.




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