Samsung Electronics Reports Q3 Revenue of 67 Trillion Won and Operating Profit of 2.4 Trillion Won
Samsung Electronics announced its preliminary consolidated results for the third quarter of 2023 on the 11th, with sales of 67 trillion KRW and an operating profit of 2.4 trillion KRW.
Compared to the second quarter of this year, third-quarter sales increased by 11.65%, and operating profit rose by 258.21%. Compared to the same period last year, sales decreased by 12.74%, and operating profit fell by 77.88%.
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The preliminary results are estimates based on the Korean International Financial Reporting Standards (IFRS). Samsung Electronics stated, "These are provided to assist investors for convenience while the final accounting has not yet been completed."
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