Samsung Electronics’ Q2 Operating Profit Surges 1,813.8% to $64.7 Billion
Korea Economic Daily
Summary
- Samsung Electronics said its second-quarter consolidated revenue rose 130% from a year earlier to 171.4995 trillion won ($123.9 billion).
- Operating profit for the same period surged 1,813.8% to 89.4924 trillion won ($64.7 billion).
- Samsung said in a preliminary earnings release on July 7 that it expected revenue of 171 trillion won ($123.5 billion) and operating profit of 89.4 trillion won ($64.6 billion).
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Samsung Electronics reported second-quarter consolidated revenue of 171.4995 trillion won ($123.9 billion), up 130% from a year earlier, according to a July 30 filing with South Korea’s Financial Supervisory Service.
Operating profit for the quarter rose 1,813.8% to 89.4924 trillion won ($64.7 billion).
The company said in a preliminary earnings release on July 7 that it expected revenue of 171 trillion won ($123.5 billion) and operating profit of 89.4 trillion won ($64.6 billion).
Kim Dae-young, Hankyung.com reporter kdy@hankyung.com
Korea Economic Daily
hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.