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Samsung Electronics' operating profit rebounds in Q4

Xinhua, January 8, 2015 Adjust font size:

Samsung Electronics, the world's largest maker of memory chips, smartphones and TVs, said Thursday that its operating profit rebounded in the fourth quarter of 2014.

Preliminary figure for Samsung's operating profit was 5.2 trillion won (4.7 billion U.S. dollars) in the three months ending Dec. 31, the company said in a statement.

The figure was down 37.42 percent from a year earlier, but it rebounded from a 4.06 trillion won operating profit in the third quarter of last year.

Revenue was 52 trillion won in the fourth quarter, down 12.28 percent from a year earlier. It was up 9.59 percent from the previous quarter.

The company did not unveil its estimates for net profit and a breakdown of each business. The final results will be announced later this month after an external audit. Endi