Samsung Electronics announced record quarterly operating profit, exceeding market expectations.
On the 7th, Samsung Electronics announced through a preliminary earnings release that its second-quarter operating profit was 89.4 trillion won and revenue was 171 trillion won. This exceeded market expectations of 85 trillion won. The operating profit margin is 52.2%.
Revenue increased by 27.74% compared to the previous quarter, and operating profit increased by 56.21%. Compared to the same period last year, revenue increased by 129.31%, and operating profit increased by 1810.26%.
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