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Samsung Fourth-Quarter Profit Misses Estimates, Falls Sharply from Previous Quarter

Customers Shop at a Samsung Mobile Store Inseide a Shopping Mall in New Delhi.

Reuters | Anindito mukherjee

Samsung electronics On Friday Reported BETTER-That-Expected Fourth-Quarter Revenue and Operating Profit, Thought Its Operating Profit Sharply Dropped From Last Quarter.

Here are samsung’s fourth -Quarter Results Compared with Lseg Smartestimate, which is weighted legs forcasts from analysts who are more consistently accurate:

  • Revenue: 75.8 Trillion Korean Won vs. KRW 75.4 Trillion
  • Operating Profit: KRW 6.5 Trillion vs. KRW 6.8 Trillion

Revenue was about 12% up from the same period from last year, while operating Profit Grew about 130%, Year on Year.

However, operating Profit Fell Nearly 30% to 6.5 Trillion Won.

Fourth -Quarter Revenue BeatSamsung’s Own Guidance of KRW 75 Trillion, While Operating Profit Came in line with the company’s forecast.

Samsung is a leading manufacturer of memory chips, which are utilized in devices

“Although Fourth Quarter Revenue and Operating Profit Decreased on a Quarter-On -Quarter (Qoq) Basis, Annual Revenue Reached the Second-Highest on Record, Surpassed Only In 2022,” SAMSUNG SAMSUNG SAMSUNG SAMSUND in ” Its statement.

For the full year, samsung reported Krw 300.9 Trillion in Revenue and KRW 32.7 Trillion in Operating Profit. In 2023, The company posted an annual rev the annual rev the 258.94 trillion and an operating Profit of KRW 6.57 Trillion.

For the Current Quarter, Samsung said that Earnings Might be Limited Due to Weakness in Its Semiconductor Business but that it should be Pursue Growth Through Ai Smartphones and Inspectful Premium Devicks.

“For 2025 as a whole, the company plans to enhance technological and product advantages in Ai, Continue to Meet Future Demand for High-Value-Edded Products and Drive Sales Growth in Premented Insaments,”

This is breaking news. Please check back for updates.

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