Samsung Electro-Mechanics Reports 4Q Operating Profit of 138.6 Billion KRW and Net Loss of 21.1 Billion KRW in Last Year (2nd Report)
[Asia Economy Reporter Ki-min Lee] Samsung Electro-Mechanics announced on the 29th that its operating profit for the fourth quarter of last year was 138.6 billion KRW, down 26.7% from the third quarter and down 55.2% from the same period last year, according to a preliminary report. Sales and net loss for the same quarter were 1.8457 trillion KRW and 21.1 billion KRW, respectively.
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Annual operating profit was 734 billion KRW, down 36.2% from 2018, while sales increased by 0.5% from 2018 to 8.0408 trillion KRW.
This content was produced with the assistance of AI translation services.
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