Wednesday, January 31, 2018

Samsung posts best ever financial results in 2017, with profits of $50 billion

South Korean electronics giant Samsung has revealed record-high sales figures for last year, with a total operating profit of $50 billion (KRW 53.65 trillion). The company released it's Q4 results today, alongside numbers for the whole of 2017. In the last three months of the year, Samsung amassed $61.54 billion (KRW 65.98 trillion) in consolidated revenue, which amounted to $14.13 billion (KRW 15.15 trillion) in operating profit.

The headline sum is that $50 billion 2017 profit, which comes off the back of huge total earnings of $223.45 billion (KRW 239.58 trillion).

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Samsung posts best ever financial results in 2017, with profits of $50 billion was written by the awesome team at Android Police.



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