Samsung sees earnings rise 15.3% in Q2

technology company SAMSUNG Electronics made a net profit 11.1 trillion won (about 8.32 billion euros) Between April and June, 15.3% more per annum, despite a certain decline in demand due to the geopolitical situation. The gross operating profit (EBITDA) of the Suwon-based company in the south of Seoul increased by 14.46 trillion won (10.85 billion euro) in the second quarter of 2022, up 12.3% compared to the same period last year, according to its financial report. Published Thursday. Regarding operating profit, 14.1 trillion won (10,580 million euro), 12.2% more; sales turnover increased by 21.2% year on year to 77.2 trillion won (54.15 billion euro).

It’s the fourth consecutive quarter that the world’s largest smartphone and memory chip maker recorded revenues of more than 70 trillion won, supported by its flagship mobile models as well as continued chip demand, particularly for servers. .

The company’s semiconductor division achieved sales of 28.5 trillion won (21.37 billion euros), up 23.6%, and the branch’s operating profit increased 44% to 9.98 trillion won (7,480 million euros). The mobile phone saw solid sales of up to 7.71 trillion won (5,780 million euros), up 12.2% year-on-year, but saw its profitability slow and operating profit shrunk 17.2% year-on-year. , up to 1.06 trillion won (approximately 795 million euro).

Samsung Electronics found an impact in the calculations of macroeconomic factorsAn increase in costs that slows its growth, as explained in its financial report, such as the current geopolitical situation or the rise in inflation, which is causing demand among consumers to fall. Quarterly sales fell 0.7% after a record first quarter and its EBITDA contracted by 4%.

Source: Informacion

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