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Samsung Electronics' operating profit logs double-digit fall in Q3

SEOUL
2022-10-07 11:30

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SEOUL, Oct. 7 (Xinhua) -- South Korea's tech company Samsung Electronics logged a double-digit fall in the third-quarter operating profit, the company said Friday.

Preliminary operating profit stood at 10.8 trillion won (7.6 billion U.S. dollars) in the July-September quarter, down 31.7 percent from the same quarter of last year.

Preliminary revenue rose 2.7 percent over the year to 76 trillion won (53.8 billion dollars) in the third quarter.

Net income and detailed earnings on each business unit will be announced later this month after an external audit and the board of directors' approval.
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