
Samsung Electronics’ sales and operating profit in the fourth quarter of last year declined from the third quarter when it recorded an’earning surprise’ (surprising results), but it was better than the previous year and recorded better performance than last year.
In the fourth quarter, profits decreased compared to the previous quarter due to lower semiconductor prices and sluggish smartphone sales. .
Samsung Electronics announced on the 8th that, as a result of compiling provisional performance on a consolidated basis last year, operating profit increased by 29.46% compared to the previous year to 35.95 trillion won.
Sales totaled 236 trillion won, a slight increase (2.54%) from the previous year.
Last year’s overall sales performance was similar to that of 2019, but profitability has improved significantly compared to the previous year.
The start was sluggish compared to previous years due to the Corona 19 pandemic (a global pandemic) in the first half of last year. The home appliance market is also a good result.
In the fourth quarter alone, operating profit was 9 trillion won and sales were 61 trillion won, up 25.7% and 1.87% respectively compared to the same period last year.
However, overall earnings were slower compared to the previous quarter (the third quarter of last year), which recorded an’earning surprise’.
In the fourth quarter, semiconductor prices fell, the won-dollar exchange rate plunged, and smartphone sales decreased.
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