Go to Contents Go to Navigation

Samsung Electronics' net profit down 0.09 pct in Q2

All Headlines 08:54 July 31, 2018

SEOUL, July 31 (Yonhap) -- Samsung Electronics Co. said Tuesday its second-quarter net profit edged down 0.09 percent on-year.

Net profit came to 11.04 trillion won (US$9.8 billion) in the April-June period, compared with 11.05 trillion won posted a year earlier, Samsung said through its regulatory filing.

Operating profit came to 14.87 trillion won, up 5.71 percent from the previous year.

Sales edged down 4.13 percent to 58.48 trillion won.

The announcement came in line with the guidance report released earlier this month.

Shares of Samsung Electronics closed at 46,500 won Monday, down 0.85 percent from the previous session. The second-quarter report was announced before the market opened Tuesday.


Send Feedback
How can we improve?
Thanks for your feedback!