Samsung Q3 Profits Decline 29.6%
Samsung Electronics Co
Seoul - QNA
Samsung Electronics Co. said Thursday its third-quarter operating profit slipped 29.6% from a year earlier, mainly hit by the discontinuation of the Galaxy Note 7 smartphone over safety concerns.
The company said its operating profit for the July-September quarter stood at 5.2 trillion won (US$4.6 billion), compared with a profit of 7.3 trillion won a year ago, according to (Yonhap) news agency.
Compared with a quarter earlier, Samsung's operating profit plunged 36.1%. Revenue for the third quarter fell 7.4% from a year earlier to 47.8 trillion won, Samsung said in a regulatory filing.
- Wednesday ,30 November GMT 14:41 2016 Samsung Electronics considers split as investor pressure builds
- Saturday ,05 November GMT 12:18 2016 Samsung’s SUHD TVs get attention from global tech outlets for smart features
GMT 05:02 2017 Saturday ,07 January
Samsung’s profit up 50% despite Galaxy fiascoGMT 20:41 2016 Sunday ,04 December
Samsung's Galaxy Retains Top Brand Ranking in 2016GMT 14:41 2016 Wednesday ,30 November
Samsung Electronics considers split as investor pressure buildsGMT 12:18 2016 Saturday ,05 November
Samsung’s SUHD TVs get attention from global tech outlets for smart featuresGMT 18:21 2016 Thursday ,27 October
Apple iPhone sales fall but beat estimatesRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 19:31 2017 Saturday ,11 February
Earthquake Hits Taiwan
GMT 18:20 2017 Monday ,18 December
Once taboo, China listens to US contingencies on N.Korea
GMT 20:13 2017 Wednesday ,22 February
UN does not expect breakthrough at Syria talks
GMT 13:14 2017 Sunday ,24 September
Arab catwalk influence grows despite
GMT 10:41 2017 Tuesday ,11 April
Age no object as Haas downs Opelka at Houston ATP tournament
GMT 07:00 2017 Monday ,18 September
Qatari sheikh urges ruling family meeting
GMT 08:37 2017 Monday ,23 October
Sabrine happy for participating in documentary
GMT 10:22 2016 Wednesday ,23 March
cartoon thirteen
GMT 18:00 2016 Monday ,22 February
European Department for Security and Information wrote Syrian Minister of Justice
GMT 14:48 2018 Tuesday ,02 October
Qureshi stresses rebuilding Pak-US ties
GMT 13:27 2018 Tuesday ,18 September
The Beauty Beat: 4 hair care products on our wishlist
GMT 05:18 2016 Wednesday ,09 November
Azhar Imam receives French Senate president
GMT 16:57 2018 Wednesday ,03 January
Cabinet briefed on global condemnation of Houthi attempts to target Riyadh
GMT 16:12 2017 Wednesday ,01 March
Germans Top Foreign Tourists Who Visited Agadir in 2016
GMT 10:34 2017 Saturday ,08 April
Harry Styles channels glam rock in post-1D debut
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor