Samsung Electronics, South Korea's tech behemoth, posted the biggest operating profit in the company's history in the third quarter, a regulatory filing showed Friday.
Preliminary figure for operating profit was 14.5 trillion (12.8 billion U.S. dollars) in the July-September quarter, nearly tripling 5.2 trillion won tallied in the same quarter of last year.
The third-quarter figure surpassed the previous record high of 14.07 trillion won tallied in the previous quarter.
It was an earnings surprise as the preliminary figure topped market expectations of 14.4 trillion won on average.
Revenue advanced 29.7 percent over the year to 62 trillion won in the third quarter.
Net income and detailed earnings of each business would be announced later this month after an external auditing and the approval from the board of directors.
Preliminary figure for operating profit was 14.5 trillion (12.8 billion U.S. dollars) in the July-September quarter, nearly tripling 5.2 trillion won tallied in the same quarter of last year.
The third-quarter figure surpassed the previous record high of 14.07 trillion won tallied in the previous quarter.
It was an earnings surprise as the preliminary figure topped market expectations of 14.4 trillion won on average.
Revenue advanced 29.7 percent over the year to 62 trillion won in the third quarter.
Net income and detailed earnings of each business would be announced later this month after an external auditing and the approval from the board of directors.
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