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Samsung Electronics Q3 net profit up 514.6 pct to 75.13 tln won

SEOUL, Oct. 29 (Yonhap) -- Samsung Electronics Co. on Thursday reported its thir...

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SEOUL, Oct. 29 (Yonhap) -- Samsung Electronics Co. on Thursday reported its third-quarter net profit of 75.13 trillion won (US$56.2 billion), up 514.6 percent from a year earlier.

Operating profit for the July-September period was 107.44 trillion won, up 783.1 percent from a year ago, the company said in a regulatory filing. Sales rose 126.9 percent to 195.25 trillion won.

The earnings fell short of market expectations. The average estimate of net profit by analysts stood at 87.01 trillion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. (END)

Samsung Electronics Q3 net profit up 514.6 pct to 75.13 tln won

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