Samsung Electronics posts $9.9 bn Q2 net profit, down 0.1%

Breaking News July 31, 2018 07:34

By Agence France-Presse

Samsung Electronics on Tuesday reported a 0.1 percent dip in its second quarter net profit from a year earlier, blaming slower sales of smartphones and display panels for the drop.

Net profit for the April to June period came in at 11.04 trillion won ($9.9 billion), slightly lower than the 11.05 trillion won in the same period in 2017, the company said in a regulatory filing.

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