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04:18

Samsung Electronics Announces Fourth Quarter & FY 2013 Results

From the Blog telecomnewspk Samsung Electronics Co., Ltd. today announced revenues of 59.28 trillion Korean won on a consolidated basis for the fourth quarter ended December 31, 2013, which is an increase of 0.3 percent quarter-on-quarter. For the quarter, the company posted consolidated operating profits of 8.31 trillion won, representing an 18-percent decline Q-o-Q. Consolidated net profit for the quarter was 7.30 trillion won. In its earnings guidance disclosed on January 7, Samsung estimated fourth quarter consolidated revenues would reach approximately 59 trillion won with consolidated operating profit of approximately 8.3 trillionwon. [image: Samsung FY 2013 Results] The fourth quarter results brought Samsung's full year 2013 revenue to an all-time high of 228.69 trillion won, up 14 percent from thpakistanblogs.blogspot.comRead Full PostComments

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