samsung electronics flags q2 operating profit of 7 bn
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Samsung Electronics flags Q2 operating profit of $7 bn

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Arab Today, arab today Samsung Electronics flags Q2 operating profit of $7 bn

London economy
Seoul - Arab Today

Samsung Electronics on Thursday flagged a better-than-expected profit for the second quarter, boosted by cost-cutting efforts and solid sales of its latest flagship smartphone.

In an earnings estimate, the South Korean electronics giant -- also the world's top handset maker -- predicted an operating profit of 8.1 trillion won ($7 billion) for April to June, up from 6.9 trillion won a year ago. 

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