Samsung Electronics says first-quarter operating profit up 48 percent year-on-year | Reuters

1493251723


ADVERTISEMENT

SEOUL Strong memory chip earnings propelled tech giant Samsung Electronics Co Ltd (005930.KS) to its best quarterly profit in more than 3 years, the South Korean firm said on Thursday as its first-quarter results matched its earlier guidance.

Samsung said in a regulatory filing its January-March operating profit was 9.9 trillion won ($8.75 billion), compared with 9.9 trillion won it estimated earlier in April.


Revenue rose 2 percent to 50.5 trillion won, also in line with its earlier estimate.

(Reporting by Hyunjoo Jin and Se Young Lee; Editing by Stephen Coates)

‘);
$(‘.second-article-divide’).append($(‘.slider.slider-module’));
$(‘.third-article-divide’).append(”);
var median = (relatedItemsTotal / 2);
var $relatedContentGroupOne = $(‘.related-content.group-one ul’);
var $relatedContentGroupTwo = $(‘.related-content.group-two ul’);

$.each($relatedItems, function(k,v) {
if (k + 1

Reuters


Notice an issue?

Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


ADVERTISEMENT