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Samsung consolidated operating profit $5 billion

Staff writer ▼ | January 8, 2016
Samsung Electronics announced its earnings guidance for the fourth quarter of 2015. Consolidated sales are to be approximately 53 trillion won and consolidated operating profit approximately 6.1 trillion won ($5 billion).
Samsung
Samsung   Consolidated sales are to be approximately 53 trillion won
Samsung has released its earnings report for the third quarter in October last year and posted its first profit growth in the last two years.

That report revealed an operating profit of around $6.4 billion, which is an impressive increase from $3.6 billion it reported in the same period last year. Overall revenues stood at $45.6 billion, up from $41.7 billion in Q3 2014.

Samsung said the increase in revenue was driven mainly by the Semiconductor Business and the Display Panel segment.


 

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