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Samsung nearly doubles Q2 net profit

Thursday 27 July 2017 | 08:16 CET | News
Samsung Electronics nearly doubled its net profit in the second quarter, thanks to strong growth in its components and handset businesses and the takeover of consumer electronics group Harman. Net profit increased to KRW 11.05 trillion from KRW 5.85 trillion a year ago, as sales rose 20 percent to KRW 61.00 trillion. Operating profit was up 72.9 percent to KRW 14.07 trillion, in line with the company's preliminary report. 

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Categories: Mobile & Wireless
Companies: Harman / Samsung
Countries: World
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