Samsung Engineering Reports Operating Profit of 351 Billion KRW Last Year, Down 8.9% YoY
[Asia Economy Reporter Kim Heung-soon] Samsung Engineering announced on the 28th that its consolidated sales for last year amounted to 6.7251 trillion KRW, with an operating profit of 351 billion KRW. Sales increased by 5.6% compared to the previous year, while operating profit decreased by 8.9%. Net profit was 244.5 billion KRW, down 17.3%. Operating profit for the fourth quarter of last year was 79.7 billion KRW, up 19.5% from the same period the previous year.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- "Target Price Set at 970,000 Won"... Top Investors Already Watching, Only an 'Uptrend' Remains [Weekend Money]
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.