Samsung says its third-quarter profit likely fell 56% from a year earlier

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Samsung says its third-quarter profit likely fell 56% from a year earlier
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Samsung said operating profit for the third quarter is expected at 7.7 trillion Korean won ($6.43 billion), slightly higher than an industry estimate.

Samsung Electronics said on Tuesday that its operating profit for the three months that ended in September dropped by more than half from a year ago.

Operating profit for the third quarter is expected at 7.7 trillion Korean won , slightly higher than a Refinitiv Smartestimate of 7.1 trillion won.Samsung Electronics said on Tuesday that its operating profit for the three months that ended in September likely dropped by more than half from a year ago.

Operating profit for the third quarter is expected at 7.7 trillion Korean won , slightly higher than a Refinitiv Smartestimate of 7.1 trillion won, but down 56.17% from a year ago.This is breaking news. Please check back for updates.

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