Samsung Electronics achieved a record operating profit of 107.4 trillion won in the third quarter of this year, setting a new all-time high for quarterly performance.
According to industry reports on October 8, Samsung Electronics announced preliminary results showing third-quarter sales of 195 trillion won and an operating profit of 107.4 trillion won.
While sales fell short of market expectations by about 5 trillion won, the operating profit exceeded forecasts by approximately 500 billion won.
The previous record for quarterly performance was set in the second quarter, with sales of 171.5 trillion won and an operating profit of 89.5 trillion won. This marks a 20% increase (18 trillion won) in operating profit within just one quarter.
For the first three quarters of this year, Samsung Electronics reported cumulative sales of 500.37 trillion won and cumulative operating profit of 254.13 trillion won.
Industry analysts attribute the impressive third-quarter results to the semiconductor division's (DS) record performance, driven by a boom in memory chips and rising prices.
However, challenges in the consumer electronics and mobile (DX) sectors, due to rising raw material costs from chip inflation, have been seen as a hindrance to achieving even higher market consensus results.
* This article has been translated by AI.
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