Samsung Electronics flags 10% rise in first quarter profit

GMT 06:22 2016 Thursday ,07 April

Arab Today, arab today Samsung Electronics flags 10% rise in first quarter profit

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Seoul - Arab Today

Samsung Electronics on Thursday flagged a 10 percent on-year increase in profits for a first quarter that saw robust sales of the South Korean electronics giant's new Galaxy S7 smartphone.

The world's largest smartphone producer said operating profit in the January-March period was expected to reach around 6.6 trillion won ($5.6 billion), up from 6.0 trillion won a year ago.


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