Customers shop at the Samsung mobile store at the New Delhi shopping center.
Reuters Anindito Mukherjee
Samsung electronics On Friday, he recorded better than expected revenues from the fourth quarter and operational profit, although his operational profit dropped rapidly from the last quarter.
Here are Samsung's results in the fourth quarter compared to LSEG Smutlestimate, which is weighted in relation to forecasts than analysts who are more consistently accurate:
- Income: 75.8 trillion of Korean win vs. Krw 75.4 trillion
- Operational profit: BRW 6.5 BRN vs. BRW 6.8 trillion
Revenues increased by about 12% compared to the same period compared to last year, and the operational profit increased by about 130% year on year.
However, operational profit dropped by almost 30% to 6.5 trillion of winnings.
Income in the fourth quarter Samsung's own guidelines for 75 trillion BRW, while the operational profit was in line with the company's forecast.
Samsung is a leading manufacturer of memory systems that are used in devices such as laptops and servers, and is also the second largest player in the world on the smartphone market.
“Although the revenues and operational profit in the fourth quarter fell on a quarter square principle (QOQ), annual revenues achieved the second highest record, exceeded only in 2022,”-said Samsung in Samsung in his statement.
Throughout the year, Samsung reported 300.9 trillion revenues and 32.7 trillion BRW in operational profit. In 2023, the company recorded an annual revenue of 258.94 billion BRW and operational profit of 6.57 trillion BRW.
In the current quarter, Samsung said that earnings may be limited because of the weakness in semiconductor activities, but that he would strive for growth via AI smartphones and other premium devices.
“In 2025, the company plans to increase the technological and product benefits in artificial intelligence, still satisfies the future demand for high-value products and drive sales growth in premium segments,” he added.
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