SEOUL Tech giant Samsung Electronics Co Ltd (005930.KS) said on Thursday its October-December profit rose 16.2 percent from a year earlier, in line with its earlier estimates as earnings from its chips and mobile businesses improved.
Samsung said in a regulatory filing its fourth-quarter operating profit was 6.1 trillion won ($5.05 billion), compared with 6.1 trillion won it guided for earlier in January. Revenue rose 1.1 percent to 53.3 trillion won, compared with 53 trillion won it guided for.
(Reporting by Se Young Lee; Editing by Stephen Coates)
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Published Date: Jan 28, 2016 06:30 AM | Updated Date: Jan 28, 2016 06:30 AM