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Samsung Electronics 2019 net profit down 51 pct. to 21.73 tln won

All News 08:43 January 30, 2020

SEOUL, Jan. 30 (Yonhap) -- Samsung Electronics Co. on Thursday reported its 2019 net income of 21.73 trillion won (US$ 18.5 billion), down 51 percent from a year earlier.

Operating income for the year was 27.76 trillion won, down 52.8 percent on-year, the company said in a regulatory filing. Annual revenue fell 5.5 percent to 230.4 trillion won.

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

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