Market Overview

Samsung Q4 Net Profit Up 3.7%

Related SSNLF
Deutsche Bank, Credit Suisse Still Buying Micron Despite Lower PC Demand/Pricing
Will The Smartphone Market Soon Mirror The PC Market?
Samsung: Could Headwinds In Smartphones Spill Over To Semiconductors? (Seeking Alpha)

Samsung Electronics Co (OTC: SSNLF) reported a 3.7% rise in its fourth-quarter net profit.

Samsung's quarterly net profit climbed to 7.3 trillion won, versus 7.04 trillion won, in the year-ago period. The company reported a profit of 8.24 trillion won in the third quarter.

Its sales surged 5.7% y/y to 59.3 trillion won, while operating profit declined 6% to 8.31 trillion won.

Samsung shares closed at $1,275.00 yesterday.

Posted-In: profitEarnings News


Related Articles (SSNLF)

Get Benzinga's Newsletters