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Samsung Electronics Q4 Profit Jumps 76%

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Samsung Electronics Co (OTC: SSNLF) reported a 76% rise in its fourth-quarter profit.

Samsung's quarterly net profit surged to 7.04 trillion won ($6.6 billion), versus 4.01 trillion won in the year-ago period and 6.56 trillion won in the prior quarter.

Its revenue climbed 18.5% to 56.1 trillion won.

Samsung shares closed at $1,350.00 yesterday.

Posted-In: profitEarnings News

 

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