eseoulpost
DomesticEconomy
Samsung's Q4 operating profit tumbles 28.7 pct on tepid memory demand
min  |  min
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
승인 2019.01.09  
트위터 페이스북 미투데이 요즘 네이버 구글 msn
   

SEOUL, Jan. 8 (Yonhap) -- Samsung Electronics Co. said Tuesday its operating profit plunged 28.7 percent in the fourth quarter compared with a year ago due to weak memory demand, falling far short of market expectations.

 Operating profit came to 10.8 trillion won (US$9.66 billion) in the October-December period, the South Korean tech behemoth said in a regulatory filing. This is down 38.5 percent from 15.1 trillion won posted a quarter earlier.

 The operating profit was the lowest since the first quarter of 2017.

 Sales fell 10.6 percent on-year to 59 trillion won over the cited period, the company said.

 The operating profit was far below market expectations of 13.6 trillion won, based on the survey conducted by Yonhap Infomax, the financial arm of Yonhap News Agency, on 23 South Korean brokerage houses.

 Samsung did not announce the net profit for the fourth quarter, nor the performances of respective business divisions. The finalized earnings report will be announced later this month.

 For 2018, the company expected the operating profit and sales to reach 58.9 trillion won and 243.5 trillion won, respectively, on the back of strong demand for memory chips in the global market. The sales estimate is the record-high annual figure.

< 저작권자 © eseoulpost 무단전재 및 재배포금지 >
폰트키우기 폰트줄이기 프린트하기 메일보내기 신고하기
트위터 페이스북 미투데이 요즘 네이버 구글 msn 뒤로가기 위로가기
이 기사에 대한 댓글 이야기 (0)
자동등록방지용 코드를 입력하세요!   
확인
- 200자까지 쓰실 수 있습니다. (현재 0 byte / 최대 400byte)
- 욕설등 인신공격성 글은 삭제 합니다. [운영원칙]
이 기사에 대한 댓글 이야기 (0)
Most Read
1
Moon apologizes for failure to keep campaign pledge on minimum wage
2
Fiji Embassy hosts gala event introducing tourism,biz opportunities in the heart of the South Pacific
3
National poll reveals high levels of trust for UAE Peaceful Nuclear Energy Programme
4
Mohamed bin Zayed receives President of Gambia
5
Over 820 million people suffering from hunger; new UN report reveals stubborn realities of ‘immense’ global challenge
6
NMC participates in Arab Media Standing Committee in Cairo
7
Coalition forces intercept, shoot down two Houthi-launched drones
8
Emirates to launch services to Mexico City via Barcelona
9
Sharjah shares academic and service sector expertise with Turin
10
UAE newspaper commends visa rule changes
Photo News Green Biz
ADNOC ranked amongst five lowest GHG emitters in oil and gas industry
ADNOC ranked amongst five lowest G...
min
World Green Economy Summit 2018 concludes
World Green Economy Summit 2018 co...
min
Restoration of nature requires actions of many :Al Zeyoudi
Restoration of nature requires act...
min
Al Zeyoudi to head UAE delegation to upcoming Global Climate Action Summit in California
Al Zeyoudi to head UAE delegation ...
min
Plastic wastes from Korea legal: MisOr ecozone exec
Plastic wastes from Korea legal: M...
min
Photo News Sports
Mohammed bin Rashid attends Super Saturday races at Meydan
Mohammed bin Rashid attends Super ...
min
Sharjah welcomes delegates of 24 countries participating in Special Olympics Abu Dhabi
Sharjah welcomes delegates of 24 c...
min
Mohammed bin Rashid attends 'UAE Tour'
Mohammed bin Rashid attends 'UAE T...
min
Koreas to field joint teams in 4 sports at 2020 Tokyo Olympics
Koreas to field joint teams in 4 s...
min
Over 500 Paralympic athletes to compete in IWAS World Games 2019 on Sunday in Sharjah
Over 500 Paralympic athletes to co...
min
New York City FC announces preseason in Abu Dhabi
New York City FC announces preseas...
min
AFC Asian Cup UAE 2019
AFC Asian Cup UAE 2019
min
VP crowns Abdullah Al Marri winner of Mohammed Bin Rashid Endurance Cup
VP crowns Abdullah Al Marri winner...
min
Photo News World
Mohammed bin Rashid attends Super Saturday races at Meydan
Mohammed bin Rashid attends Super ...
min
Sharjah welcomes delegates of 24 countries participating in Special Olympics Abu Dhabi
Sharjah welcomes delegates of 24 c...
min
Mohammed bin Rashid attends 'UAE Tour'
Mohammed bin Rashid attends 'UAE T...
min
Koreas to field joint teams in 4 sports at 2020 Tokyo Olympics
Koreas to field joint teams in 4 s...
min
Over 500 Paralympic athletes to compete in IWAS World Games 2019 on Sunday in Sharjah
Over 500 Paralympic athletes to co...
min
New York City FC announces preseason in Abu Dhabi
New York City FC announces preseas...
min
AFC Asian Cup UAE 2019
AFC Asian Cup UAE 2019
min
VP crowns Abdullah Al Marri winner of Mohammed Bin Rashid Endurance Cup
VP crowns Abdullah Al Marri winner...
min
Photo News Opinion
Gov't admits security failure over N.K. boat's undetected arrival, denies cover-up
Gov't admits security failure over...
min
Moon replaces top presidential secretaries for policy, economic affairs
Moon replaces top presidential sec...
min
Fitch cuts growth outlook for S. Korea to 2 percent
Fitch cuts growth outlook for S. K...
min
Reform-minded investigator named prosecutor-general nominee
Reform-minded investigator named p...
min
2 more S. Korean victims found, death toll 18 in Hungary boat sinking
2 more S. Korean victims found, de...
min
FM stresses 'thorough' efforts to identify those responsible for Hungary boat sinking
FM stresses 'thorough' efforts to ...
min
Unionized workers kick off nationwide strike on top of tower cranes
Unionized workers kick off nationw...
min
S. Korean, Hungarian teams conduct joint operations to search for missing victims of boat sinking
S. Korean, Hungarian teams conduct...
min
Newspaper AboutNews ReportAdvertiseComplaintsPrivacy PolicyJuvenile protectionRejection of E-mail Collection
Gangnam-gu, Teheran 52 street in Tehran Bldg, 616(Yeoksam-dong)  |  Main Phone: 02) 563-0604  |  Fax: 02) 538-5665
Chairman : jeong-woo Lee  |  Advisor : byung-il Min  |  Publisher: jae-mo Kah  |  Editors: il-hong Kim
Registration Number 1928 Seoul ah  |  eseoulpost.com / eseoulpost.net / Global Korea.,Ltd
Copyright © 2011 eseoulpost. All rights reserved. mail to jaemokah@daum.com , kih10kr@empas.com/ www.globalkorea.info
arabafrica.net / UAE Interract / Emirtes News Agency(WAM)/ http://wam.org.ae / www.uaeinteract.com