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Samsung posts 7.33 pct net profit growth in second quarter

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Seoul, Jul 30 (EFE/EPA).- South Korean giant Samsung Electronics achieved a net profit of 5.55 trillion won ($4.67 billion) in the second quarter, a 7.33 percent year-on-year increase, driven by its semiconductor division.The company's gross operating profit between April and June was 7.7 trillion won, 8.21 percent more than the same quarter of 2019, while its operating profit stood at 8.15 trillion won, an increase of 23.48 percent year-on-year, Samsung Electronics said in a statement on Thursday."Even as the spread of COVID-19 caused closures and slowdowns at stores and production sites around the world, the Company responded to challenges through its extensive global supply chain, while minimizing the impact of the pandemic by strengthening online sales channels and optimizing costs," the statement said. (Camera: JEON HEON-KYUN).SHOT LIST: A SAMSUNG STORE IN SEOUL, SOUTH KOREA.

Added on the 30/07/2020 14:00:00 - Copyright : EFE Inglés

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