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U.S. Extends Work Permits for Temporary Protected Status Holders
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France Advance to World Cup Quarterfinals, Set Up Morocco Clash
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2026/07/16
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Latest News:
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Interior Ministry Takes Part in Arab Conference of Security Media Chiefs
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Latest News:
President al-Alimi Offers Condolences to Emir of Qatar on Death of Father Emir Sheikh Hamad bin Khalifa ..
Dr. Abdullah al-Alimi, UK Armed Forces Minister Discuss Defense Cooperation
Interior Ministry Takes Part in Arab Conference of Security Media Chiefs
Ambassador Al-Awd Discusses Iranian Violations of Yemen's Sovereignty With Spanish Official
Yemenia to Resume Jeddah-Socotra Flights From Late September
Samsung Electronics reports 86.1 percent decline in profits for Q1
[27/04/2023 08:49]
SEOUL-SABA
Samsung’s first-quarter net income fell 86.1 percent to 1.57 trillion won, the worst in 14 years, blaming slowing consumer spending due to uncertainty over the global economy.
The world's largest memory chip and smartphone maker reported today, Thursday, an operating profit of 640.2 billion won ($478 million) in the January-March period, down 95 percent from 14.12 trillion won a year earlier.
The company's net profit income dropped to 1.57 trillion won from 11.32 trillion won in the same period a year earlier, while sales reduced with 18 percent to came 63. 74 trillion won.
The Samsung's chip division reported 4.58 trillion won in losses, its first operating loss since 14 years
Samsung’s first-quarter net income fell 86.1 percent to 1.57 trillion won, the worst in 14 years, blaming slowing consumer spending due to uncertainty over the global economy.
The world's largest memory chip and smartphone maker reported today, Thursday, an operating profit of 640.2 billion won ($478 million) in the January-March period, down 95 percent from 14.12 trillion won a year earlier.
The company's net profit income dropped to 1.57 trillion won from 11.32 trillion won in the same period a year earlier, while sales reduced with 18 percent to came 63. 74 trillion won.
The Samsung's chip division reported 4.58 trillion won in losses, its first operating loss since 14 years
Key words:
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