Samsung posts 5.1 billion profit in Q4 2015

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Seoul, Jan 8 (IANS) Samsung Electronics posted 6.1 trillion won ($5.1 billion) in operating profit for the fourth quarter of 2015, regulatory filing showed on Friday.

The fourth-quarter operating profit was down 17.46 percent over the previous quarter but was up 15.31 percent over a year earlier, Xinhua reported.

Revenue was 53 trillion won during the October-December period, up 2.55 percent from three months earlier and up 0.51 percent from a year ago.

For the whole year of 2015, operating profit increased 5.35 percent from the previous year to 26.37 trillion won.

Revenue rose 2.85 percent from a year earlier to 200.34 trillion won in 2015.

Samsung does not unveil its estimates for net income and the breakdown of each business when announcing the preliminary figures.

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The final results will be made known later this month after an external audit.

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