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[Techpowerup.com] (PR) Samsung Electronics Announces First Quarter 2012 Earnings Results - i4memory.com - different look at memory

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Old 27-04-2012, 06:23 PM   #1
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[Techpowerup.com] (PR) Samsung Electronics Announces First Quarter 2012 Earnings Results

Samsung Electronics Co., Ltd. today announced revenues of 45.27 trillion Korean won on a consolidated basis for the first quarter ended March 31, 2012, a 22-percent increase year-on-year.

For the quarter, the company's consolidated operating profit reached an all-time high of 5.85 trillion won representing a 98-percent increase year-on-year. Consolidated net profit for the January-March period was 5.05 trillion won.

Despite a decrease in sales of semiconductor chips and TVs due to seasonal factors, an increase in profitability in display panels and mobile phones pushed up quarterly operating profit margins by 1.7 percentage points to 12.9 percent.

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