Monday, July 6, 2015

Samsung Elec says second quarter operating profit likely down 4 percent year on year

Tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday that operating profit for the April-June quarter will likely be 6.9 trillion won ($6.13 billion), down 4 percent from a year earlier. This was worse than the 7.2 trillion won average forecast from a Thomson I/B/E/S survey of 39 analysts. (Reporting by Se Young Lee; Editing by Michael Perry)

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