Samsung has released its financial results for the fourth quarter of 2015 and also its full results for 2015.
The company announced revenue of 53.32 trillion KRW and an operating profit of 6.14 trillion KRW for the fourth quarter of 2015.
Total revenue for 2015 was at 200.65 trillion KRW and they also announced a full year operating profit of 26.41 trillion KRW.
Samsung said that it is going to be difficult for them to maintain their earnings in 2016, this is apparently due to slowing IT demand.
Expecting challenges in 2016 to maintain earnings due to a difficult business environment and slowing IT demand, the company will strive to improve performance in the second half, by capitalizing on strong seasonal demand for set business products and enhancing the product mix in components business.
You can see Samsung’s Q4 2015 and also their full 2015 financial results over at their website at the link below.
Source SamsungFiled Under: Technology News, Top News