Market Overview

Samsung Electronics Q4 Profit Jumps 76%

Related SSNLF
Did Apple And Samsung's New Products Just Throw T-Mobile Under The Bus?
The Reviews Are In: Apple Needed To Go Bolder, Better With New Lineup Of iPhones

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


Related Articles (SSNLF)

View Comments and Join the Discussion!