ID :
57193
Fri, 04/24/2009 - 08:06
Auther :
Shortlink :
https://www.oananews.org//node/57193
The shortlink copeid
Samsung Electronics reports 72 pct drop in Q1 earnings
SEOUL, April 24 (Yonhap) -- Samsung Electronics Co., the world's leading computer memory chipmaker, said Friday that its first-quarter earnings fell 72 percent as weak demand dragged down prices amid the economic downturn.
Its net profit reached 619 billion won (US$462 million) in the January-March
period, compared with a profit of 2.19 trillion won a year earlier, the company
said in a regulatory filing.
Sales increased 8.5 percent to 18.57 trillion won over the cited period, while
operating profit dropped to 148 billion won from 2.15 trillion won, it said.
sam@yna.co.kr
(END)
Its net profit reached 619 billion won (US$462 million) in the January-March
period, compared with a profit of 2.19 trillion won a year earlier, the company
said in a regulatory filing.
Sales increased 8.5 percent to 18.57 trillion won over the cited period, while
operating profit dropped to 148 billion won from 2.15 trillion won, it said.
sam@yna.co.kr
(END)
