[Image source=Yonhap News]

[Image source=Yonhap News]

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[Asia Economy Reporter Park Jihwan] Samsung Electronics is showing strong performance in early trading following news that its consolidated operating profit reached 36 trillion won last year.


According to the Korea Exchange as of 9:49 AM, Samsung Electronics was trading at 84,200 won, up 1,300 won (1.57%) from the previous trading day.


On this day, Samsung Electronics announced that its preliminary consolidated operating profit for last year was 35.95 trillion won, an increase of 29.46% compared to the previous year. This figure represents a 29.46% increase from the 27.77 trillion won operating profit recorded in 2019.



During the same period, total sales amounted to 236.26 trillion won, up 2.54% from the previous year.


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