Samsung Electronics logs Q3 operating profit of $80.4 bil.
Samsung Electronics on Thursday reported 107.44 trillion won ($80.4 billion) in third-quarter operating profit, setting a new quarterly earnings record. The company said in a regulatory filing that its revenue and operating profit for the July-September period stood at 195.25 trillion won and 107.44 trillion won, respectively. Revenue grew 126.9 percent year-on-year, while operating profit surged 783 percent. Its operating profit margin reached 55 percent during the three-month period.
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Samsung Electronics on Thursday reported 107.44 trillion won ($80.4 billion) in third-quarter operating profit, setting