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Samsung electronics operating profit up 5.2 pct in Q2

Samsung electronics operating profit up 5.2 pct in Q2

Canada :Samsung Electronics saw its operating profit rise 5.2 percent in the second quarter from a year earlier, a regulatory filing showed Friday.

The preliminary figure for operating profit was 14.8 trillion won (13.2 billion U.S. dollars) in the April-June quarter, according to the regulator 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 (52 billion U.S. dollars) in the June quarter, down 4.9 percent from a year earlier. From the previous quarter, it was down 4.2 percent.

Net income will be announced later this year after external audit and the board of directors’ approval.