Samsung has announced its financial results for the fourth quarter of 2018 and the company had revenue of KRW 59.27.
Samsung also reported an operation profit of KRW 10.8 trillion for the fourth quarter of 2018, you can see more details below.
Samsung Electronics reported financial results for the fourth quarter ended December 31, 2018, and the fiscal year 2018. The Company posted KRW 59.27 trillion in consolidated quarterly revenue, down 10 percent from a year earlier, and KRW 10.8 trillion in quarterly operating profit, down 29 percent.
For 2018, Samsung reported KRW 243.77 trillion in revenue and KRW 58.89 trillion in operating profit. This marked a second straight year of setting record financial results, even as unfavorable business and macroeconomic factors led to slower performance in the final quarter. The year also saw many technology breakthroughs and innovations across its businesses, which solidified the foundation for future growth.
You can see Samsung’s full financial results for the fourth quarter of 2018 over at their website at the link below
Source Samsung
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