Samsung posts impressive Q1 2017 financial results

April 27th, 2017   decode   news

Samsung Electronics reported its financial results for Q1 2017 and the results look quite well. The company generated KRW50.55 trillion or about $45 billion in revenue.

The operating profit jumped from KRW6.68 trillion to KRW9.9 trillion (about $8.8 billion), making the first three months of 2017 the second most successful quarter in the history of Samsung. It is also the most profitable Q1 ever, giving high hopes to the Korean company.

The Mobile division published sales results similar to the Christmas holidays period – KRW2.07 trillion or $1.84 billion. Compared with results…

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