Samsung posts 5.1 billion profit in Q4 2015

By: GizBot Bureau

    Samsung Electronics posted 6.1 trillion won ($5.1 billion) in operating profit for the fourth quarter of 2015, regulatory filing showed on Friday.

    Samsung posts 5.1 billion profit in Q4 2015

    The fourth-quarter operating profit was down 17.46 percent over the previous quarter but was up 15.31 percent over a year earlier, Xinhua reported. Revenue was 53 trillion won during the October-December period, up 2.55 percent from three months earlier and up 0.51 percent from a year ago.

    For the whole year of 2015, operating profit increased 5.35 percent from the previous year to 26.37 trillion won. Revenue rose 2.85 percent from a year earlier to 200.34 trillion won in 2015.

    SEE ALSO: 20 Best Budget 4G Smartphones To Buy In India This January 2016

    Samsung does not unveil its estimates for net income and the breakdown of each business when announcing the preliminary figures. The final results will be made known later this month after an external audit.

    Source PTI

    Read More About: samsung news
    X

    Stay updated with latest technology news & gadget reviews - Gizbot

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Gizbot sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Gizbot website. However, you can change your cookie settings at any time. Learn more