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Samsung Electronics' earnings log double-digit growth in 2021

SEOUL
2022-01-27 09:28

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SEOUL, Jan. 27 (Xinhua) -- Samsung Electronics, South Korea's tech behemoth, logged a double-digit growth in its 2021 earnings, the company said Thursday.

Operating profit soared 43.5 percent over the year to 51.63 trillion won (43 billion U.S. dollars) in 2021.

Revenues gained 18.1 percent to 279.6 trillion won (232.8 billion U.S. dollars) last year, and net income jumped 51.1 percent to 39.91 trillion won (33.2 billion U.S. dollars).

During the October-December quarter, operating profit amounted to 13.87 trillion won (11.5 billion U.S. dollars), up 53.3 percent compared to the same quarter of 2020.

Revenues advanced 24.4 percent to 76.57 trillion won (63.8 billion U.S. dollars) in the fourth quarter, and net income spiked 64 percent to 10.84 trillion won (9 billion U.S. dollars).
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