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Samsung sees $5.44bn quarterly profit
2015-04-07 02:19:16| BBC News | Business | UK Edition
South Korea's Samsung Electronics has forecast a quarterly operating profit of about 5.9 trillion won ($5.44bn; 3.65bn) for the first three months of 2015.
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Samsung net profit falls 26.7% in Q4
2015-01-29 08:15:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a fall in fourth-quarter net profit to KRW 5.35 trillion from KRW 7.30 trillion a year earlier. Operating profit dropped to KRW 5.29 trillion from KRW 8.31 trillion, and revenues declined to KRW 52.73 trillion from KRW 59.28 trillion a year ago. Despite the weaker results, Samsung raised its final dividend to KRW 19,500 per share from KRW 13,800 a year earlier. The lower results were due to a sharp fall in sales at its mobile phone business, where quarterly revenues were down 23 percent year-on-year to KRW 25.02 trillion. Operating profit at the communications division fell to KRW 1.96 trillion from KRW 5.47 trillion a year ago. Samsung reported a small decline in its smartphone shipments compared to the third quarter, while its average selling price and profitability improved over the same period thanks to a higher share of high-end phones like the Note 4. Tablet shipments were up compared to Q3, and Samsung also increased revenues from network equipment. The company expects a weaker phone and tablet market in Q1 due to lower seasonal demand. Samsung itself will try to improve earnings and grow smartphone shipments, helped by new models in the A series.
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Samsung Electronics Q4 profit falls 27%
2015-01-29 02:31:21| Electronics - Topix.net
Samsung Electronics Co. said Thursday its fourth-quarter net profit fell 27% from a year earlier as profitability from its mobile division slipped amid intense competition.
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Samsung Electronics tips first annual profit fall in three years
2015-01-09 08:58:22| Electronics - Topix.net
Global smartphone leader Samsung Electronics Co Ltd on Thursday confirmed expectations for its first annual profit decline since 2011, although a pickup in the fourth quarter hinted that earnings may have stabilized in the short term. The South Korean tech giant lost market share for three consecutive quarters up to July-September, and analysts say the trend likely continued in the October-December period thanks to competition from Apple Inc's new iPhones and cheaper Chinese rivals like Xiaomi Inc [XTC.UL].
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Samsung sales, profit down again in Q4
2015-01-08 08:52:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported preliminary results for the fourth quarter, showing revenues down to KRW 52 trillion from KRW 59.2 trillion a year earlier. Operating profit fell to KRW 5.2 trillion from KRW 8.3 trillion. The company did not provide further details. Samsung will give a full quarterly report at a later date.
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