China Daily

Samsung operating profit up 5.2% in Q2

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Samsung Electronic­s saw its operating profit rise 5.2 percent in the second quarter from a year earlier, a regulatory filing showed. The preliminar­y figure for operating profit was 14.8 trillion won ($13.2 billion) in the April-June quarter, according to the regulatory filing. It was up 5.2 percent from a year earlier, but Samsung ended its quarterly record-breaking trend. From the previous quarter, the operating profit was down 5.4 percent, marking the first quarterly fall in seven quarters. Revenue was 58 trillion won in the June quarter, down 4.9 percent from a year earlier.

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