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Operating profit of Samsung Electronics up 5.2% in the second quarter
- Publisher:
- 13:36:37 2018-07-06 / Xinhua
SEOUL, July 6 (Xinhua) – Samsung Electronics reported an increase in operating profit of 5.2 percent in the second quarter of 2018 compared to the same period last year, according to the presentation made today. The preliminary figure for operating profits was 14.8 billion South Korean won ($ 13.2 billion) in the quarter of April-June, according to the filing.
Increased by 5.2 percent over the same period last year, but Samsung has completed its record quarterly record trend. Compared to the previous quarter, operating income decreased 5.4%, the first quarterly decline in the last seven consecutive quarters.
Turnover: 58 trillion won South Korean ($ 52 billion) during the June quarter, down 4.9 percent from the same period of the year former. Net profit will be announced later this year after the external audit and approval of the board of directors. End
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