Samsung Electronics saw quarterly operating profit exceed the W10 trillion mark, the first Korean company to achieve the feat (US$1=W1,070).
Samsung on Friday said third-quarter sales totaled W59 trillion and operating profit W10.1 trillion. Both were records.
Sales rose 2.68 percent from the previous quarter and operating profit 5.98 percent. Samsung achieved a third quarter operating margin of 17.2 percent, up 0.6 percentage points and a record as well.
Samsung's stellar earnings topped market expectations largely due to robust sales of low- to mid-priced smartphones and rising semiconductor chip prices.
Samsung on Friday said third-quarter sales totaled W59 trillion and operating profit W10.1 trillion. Both were records.
Sales rose 2.68 percent from the previous quarter and operating profit 5.98 percent. Samsung achieved a third quarter operating margin of 17.2 percent, up 0.6 percentage points and a record as well.
Samsung's stellar earnings topped market expectations largely due to robust sales of low- to mid-priced smartphones and rising semiconductor chip prices.