0 Comment(s)
Print
E-mail Xinhua, April 5, 2024
SEOUL, April 5 (Xinhua) -- South Korea's tech firm Samsung Electronics saw its earnings soar in the first quarter, the company said Friday.
Preliminary operating profit amounted to 6.6 trillion won (4.9 billion U.S. dollars) in the January-March quarter, more than 10 folds compared to 640.2 billion won (473.3 million dollars) in the same quarter of last year.
It topped market expectations of about 5.5 trillion won (4.1 billion dollars) and was higher than an operating profit of 2.82 trillion won (2.1 billion dollars) in the previous quarter.
Preliminary revenue increased 11.37 percent over the year to 71 trillion won (52.5 billion dollars) in the first quarter.
Net income and detailed earnings in each business unit will be unveiled later this month. Enditem
Go to Forum >>0 Comment(s)