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Last Update: ،
2025/04/19
Time
12:37:57
Latest News:
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Vice Foreign Minister Discusses Developments in Hodeidah Governorate with Deputy Head of UNMHA
Latest News:
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Vice Foreign Minister Discusses Developments in Hodeidah Governorate with Deputy Head of UNMHA
Samsung Electronics reports 86.1 percent decline in profits for Q1
[27/04/2023 08:49]
SEOUL-SABA
Samsung’s first-quarter net income fell 86.1 percent to 1.57 trillion won, the worst in 14 years, blaming slowing consumer spending due to uncertainty over the global economy.
The world's largest memory chip and smartphone maker reported today, Thursday, an operating profit of 640.2 billion won ($478 million) in the January-March period, down 95 percent from 14.12 trillion won a year earlier.
The company's net profit income dropped to 1.57 trillion won from 11.32 trillion won in the same period a year earlier, while sales reduced with 18 percent to came 63. 74 trillion won.
The Samsung's chip division reported 4.58 trillion won in losses, its first operating loss since 14 years
Samsung’s first-quarter net income fell 86.1 percent to 1.57 trillion won, the worst in 14 years, blaming slowing consumer spending due to uncertainty over the global economy.
The world's largest memory chip and smartphone maker reported today, Thursday, an operating profit of 640.2 billion won ($478 million) in the January-March period, down 95 percent from 14.12 trillion won a year earlier.
The company's net profit income dropped to 1.57 trillion won from 11.32 trillion won in the same period a year earlier, while sales reduced with 18 percent to came 63. 74 trillion won.
The Samsung's chip division reported 4.58 trillion won in losses, its first operating loss since 14 years
Key words:
SABA Samsung’s - uncertainty - smartphone - Samsung's - operating - company's - division - reported - Thursday - spending -
Gold near highest record amid continued escalation of trade tensions
Oil rises, boosted by new tariff exemptions
China's autos industry grows in 1Q 2025
Canada begins imposing tariffs on US auto imports of 25 percent
Germany: New US tariffs an attack on the global trading system
Japan's industrial output grows 2.4 percent
Spain's public deficit amounts to 2.8 percent in 2024
Global energy demand up 2.2 percent in 2024
Eurozone annual inflation falls to 2.3 percent
QCB's foreign exchange reserves rise 3.81 percent
