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Samsung Electronics 2019 operating earnings down 52.9 pct. to 27.71 tln won

All News 08:43 January 08, 2020

SEOUL, Jan. 8 (Yonhap) -- Samsung Electronics Co. on Wednesday estimated its 2019 operating profit at 27.71 trillion won (US$ 23.8 billion), down 52.9 percent from a year earlier.

Annual sales decreased 5.8 percent to 229.52 trillion won. The data for net income was not available.

The company will release its final earnings report later.

※ This article was generated by Yonhap's proprietary algorithm using data from Yonhap Infomax and Korea Exchange(KRX).

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