2023 Author: Gordon Kinson | [email protected]. Last modified: 2023-11-26 08:36
The company's financial statements show the first decline in operating profit in two years, while the company's top line continues to break records.
In the last quarter of last year, Samsung set a new record of its own revenue - 56 billion dollars, but net profit compared to the previous quarter decreased by as much as 18% and amounted to 7.7 against 9.6 billion.
Note that the decrease in the operating profit of the corporation is observed for the first time in two years of steady growth, because of this event and caused such massive discussions.
The Samsung were quick to comment on the situation, assuring that the decrease in profit has nothing to do with telephony market and smartphones, and is primarily due to currency fluctuations (Korean won strengthened its position) and the planned public employee benefits on the occasion of the 20 anniversary " new management strategy ".
The company's experts also noted a decrease in the sales rate of TV-panels due to market oversaturation.
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