Preliminary earnings show operating profit up 782% on-year

Company's first-ever quarter above 100 trillion won; sales also hit record 195 trillion won

Samsung Electronics' headquarters in Seocho-gu, Seoul. Photo by Lim Se-jun
Samsung Electronics' headquarters in Seocho-gu, Seoul. Photo by Lim Se-jun

Samsung Electronics has crossed the 100 trillion won ($74.4 billion) mark in quarterly operating profit for the first time.

The company said Thursday its preliminary operating profit for the third quarter came in at 107.4 trillion won.

The figure marks the highest quarterly operating profit in the company's history and the first time a South Korean company has surpassed 100 trillion won in a single quarter.

Third-quarter sales also set a record at 195 trillion won.


joze@heraldcorp.com