Samsung posts 19.6 per cent fall in Q2 net profit

July 31, 2014
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Customers walk past a Samsung outlet/FILE
Customers walk past a Samsung outlet/FILE

, Samsung Electronics on Thursday said its second-quarter net profit plunged nearly 20 percent from a year ago to 6.25 trillion won ($6.1 billion).

The South Korean electronics giant posted an operating profit of 7.19 trillion won, down 24.6 percent from a year ago and in line with its earlier forecast.

Sales also tumbled 8.9 percent to 52.35 trillion won.

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